The round also saw participation from UC Impower and existing angel investors.
The company previously secured $2.45 million from AngelList and other investors. With the fresh capital, AmpereHour Energy plans to enhance its manufacturing and software capabilities, accelerate research and development (R&D), and drive product innovation, the company said in a press release.
Founded in 2017 by Ayush Misra, Rahul Shelke, Harshal Thakur, and Neehar Jathar, AmpereHour Energy develops battery energy storage systems (BESS) that help businesses and power grids efficiently store and manage electricity. The startup specializes in stationary energy storage solutions for power infrastructure.
Its proprietary Elina energy management software optimizes battery performance for applications such as renewable energy integration, backup power, and grid stability.
AmpereHour Energy serves prominent clients, including Amazon, Siemen
s, Coca-Cola, and Indigrid, and has deployed projects across more than 50 locations. Currently, the company is commissioning around 50 megawatt-hours (MWh) of power storage capacity, with plans to scale up to 1 gigawatt-hour (GWh) in the next 18 months based on existing contracted capacity.
The company is also expanding internationally, with ongoing projects in Oman and Nigeria and commissioning efforts underway in Belgium and the UAE.
With the global push for clean energy and grid stability, AmpereHour Energy aims to strengthen its footprint in key international markets while scaling its domestic operations.
