Singapore startup Amplicity has raised $1 million in seed funding to retrofit idle backup batteries at data centers and factories into smart, revenue-generating assets.
The round, announced on April 28, 2026, was led by strategic angel investors with continued support from energy major ENGIE.
Transforming Backup Power into Active Revenue
Amplicity's retrofit-as-a-service model adds intelligent controls to existing UPS batteries, allowing them to shave peak demand and sell flexibility to energy markets without any upfront costs for customers.
Co-founded by CEO Stéphane Leyo and COO Gabriel Schiano, the company targets industrial sites where batteries sit unused 99% of the time, costing owners in maintenance while grids strain under rising demand.
This funding will fuel first commercial deployments in Singapore and expansion into Australia, where volatile energy prices make the tech especially appealing.
In Singapore's data center boom—fueled by AI and cloud computing—operators face strict green energy rules, and Amplicity's solution helps cut Scope 2 emissions by prioritizing renewables over fossil-fueled peaks.
Broader Impact on Clean Energy Transition
By enabling existing infrastructure to act like virtual power plants, Amplicity addresses a key gap: Southeast Asia's energy startups have raised billions for solar and EVs but lag in storage optimization.
For the average person, this means more stable power bills, fewer blackouts, and faster renewable adoption, as factories offset diesel generators with smarter batteries.
Unlike new battery installs that require massive capex, Amplicity's performance-based approach democratizes grid services for mid-sized industrials often overlooked by big players.
Looking ahead, as Singapore allocates land for low-carbon data hubs on Jurong Island, such innovations could slash national energy consumption by optimizing what already exists.
Ultimately, Amplicity exemplifies how software layers on legacy hardware can accelerate decarbonization without waiting for next-gen batteries.
Maria Lourdes
