Announced
Completed
Financials
Sources
Tags
battery technology
robotics
Acquisition
Venture Capital
Private
Completed
Minority
Friendly
Private Equity
Domestic
Auto Services
United States
Synopsis
Moore Strategic Ventures, a private equity firm, led a $160m Series C funding round in Ample, a developer of technology that quickly swaps depleted electric vehicle batteries for fully charged ones. Additional investors include ENEOS, Shell Ventures, SMRT Ventures, PTT, Rose Park Advisors and Disruptive Innovation Fund. "This round will allow us to accelerate the next phase of deployment within the US and internationally and will help us deliver EV technology around the globe empowering our car manufacturer and fleet partners with new battery and energy delivery technologies. Today’s announcement is an exciting continuation of our momentum thus far. More importantly, it demonstrates the global market’s interest in energy solutions that will improve our planet and the impact we have on it now, and for generations to come," Ample.
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