AMP: Raises $17.25M in Series A Funding

AMP Raises $17.25M in Series A Funding

  • AMP, a Los Angeles, CA-based provider of energy management solutions for e-mobility, closed a Series A investment round of $17.25m
  • Backers included Ecosystem Integrity Fund (EIF) and Helios Climate Ventures
  • The company intends to use the funds to accelerate the development of its Connected Energy Management Platform in e-mobility applications
  • The company provides a vertically integrated platform that supports the complete energy spectrum for e-mobility applications by providing both hardware and software with cloud connectivity
  • Since 2017, the company has advanced battery management technology, through software and hardware
  • The solutions are embedded in the top E-OEM
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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