AmpUp, a Santa Clara, CA-based provider of an electric vehicle (EV) charging platform, raised $15M in Series A funding.
The round was led by Touchdown Ventures. New Investors including Autotech Ventures, MUUS Climate Partners, Holman, Goodyear, Foothill Ventures, WEX Venture Capital, TechNexus Venture Collaborative, Powerhouse Ventures, Connecticut Innovations, among others, also participated.
The company intends to use the funds to accelerate its market expansion and drive continued innovation in energy management solutions for the EV charging sector.
Led by CEO Tom Sun, AmpUp aims simplify EV charging with smart technology solutions that balance energy usage, resulting in a cleaner, smarter grid. Its network of thousands of EV charging stations has been deployed for customers across North America, including JLL, CBRE, Domino’s Pizza, Goodyear, Under Armour, Hilton, and more.
With the Series A completion, AmpUp added three new members to its Board of Directors:
- Greg Bergamesco, managing director, Touchdown Ventures.
- Ivy Nguyen, principal, Autotech Ventures.
- David Jackson, COO, AmpUp.
FinSMEs
26/09/2024