AmpUp Grabs $15M Series A Round

This investment will fuel AmpUp’s aggressive U.S. market expansion and drive continued innovation in energy management solutions for the EV charging sector.

Touchdown Ventures led the latest funding round, showcasing strong investor confidence in AmpUp’s growth potential. Additional new investors included Autotech Ventures (Autotech), MUUS Climate Partners (MUUS), with participation from Holman, Goodyear, Foothill Ventures, WEX Venture Capital, TechNexus Venture Collaborative, Powerhouse Ventures, and Connecticut Innovations, among others.

AmpUp makes charging effortless. Their mission is to power the EV revolution by radically simplifying EV charging with smart technology solutions that balance energy usage, resulting in a cleaner, smarter grid. In three years, AmpUp’s software has rapidly captured 4% of the U.S. commercial L2 market while maintaining an industry-leading 98.5% charging session success rate and 99.9% uptime. With headquarters in Santa Clara, CA, AmpUp’s 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.

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