Singapore-based startup Amperesand has secured a significant $80 million in a Series A funding round, marking a pivotal moment for the company’s mission to redefine power infrastructure for AI data centers and critical power applications.
This funding round, co-led by Singapore’s state investment giant Temasek and Walden Catalyst Ventures, highlights growing investor confidence in innovative energy solutions amid the global AI boom.
Amperesand’s Vision for Next-Gen Power Solutions
Amperesand specializes in Medium Voltage Solid State Transformer technology, a groundbreaking approach aimed at enhancing efficiency and sustainability in power delivery for high-demand sectors like AI data centers.
The company plans to deliver 30MW of commercial systems by 2026, targeting hyperscale AI data center operators and other critical power customers who require reliable and scalable energy solutions.
The Rising Demand for AI Infrastructure
As AI technologies continue to expand, data centers are under immense pressure to manage unprecedented energy consumption, making innovations like Amperesand’s vital for the industry’s future.
Historically, power infrastructure has lagged behind the rapid advancements in computing, often leading to inefficiencies and higher operational costs for tech giants.
Temasek’s Strategic Investment Focus
Temasek’s involvement underscores its strategic pivot towards supporting growth-stage startups in transformative sectors such as clean energy and AI infrastructure, aligning with global sustainability goals.
This investment builds on Temasek’s history of backing tech-driven firms in Asia, reinforcing Singapore’s position as a hub for cutting-edge innovation and entrepreneurship.
Future Impact on the Energy Sector
Looking ahead, Amperesand’s technology could set a new standard for power management, potentially reducing carbon footprints and operational costs across multiple industries.
The collaboration with investors like Walden Catalyst Ventures also signals strong market validation, paving the way for further expansion and commercialization of Amperesand’s solutions.
As the company scales, its innovations may inspire broader adoption of solid state transformers, reshaping how power is delivered in an increasingly digital world.
Maria Lourdes
