AmpereHour Energy secures USD5 million in series A funding

AmpereHour Energy has raised USD 5 million in a Series A funding round led by Avaana Capital, with participation from UC Impower and existing angel investors.

The company plans to utilise the funds to accelerate the deployment of its innovative energy storage solutions, expand its manufacturing capabilities, enhance its product portfolio. AmpereHour Energy specialises in modular, scalable, and software-led battery energy storage systems. The company has over 1,000 MWh of energy storage system project experience across 50+ BESS sites globally. Its client portfolio includes Indigrid, Cummins, Siemens, Coca-Cola, Amazon, Yellow Door (UAE), and BRPL.