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New Deal


Announced

Completed

Moore Strategic Ventures led a $160m Series C round in Ample.

Financials

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Transaction Value£117m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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battery technology

robotics

Acquisition

Venture Capital

Private

Completed

Minority

Friendly

Private Equity

Domestic

Auto Services

United States

Synopsis

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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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