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.
Founded in 2017 and Anil Paryani, CEO, AMP 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-OEMs.
AMP has offices in Detroit, Bengaluru, and Shanghai.
FinSMEs
02/11/2022