10 Aug '18, 11am

Ample Raises $31M: A Better Place Clone, or a New Way to Charge Electric Cars?

Ample Raises $31M: A Better Place Clone, or a New Way to Charge Electric Cars?

August is supposed to be the doldrums in VC land, a time when everyone goes on vacation and companies shouldn’t expect to see any new term sheets. So it was a welcome surprise to see a cleantech funding round announced  —  and a big one at that: Ample raised a $31 million Series A round. That’s a lot of money! Wait. Who are they? What do they do? According to Fortune’s Term Sheet, the company makes “a platform that delivers a full charge to electric cars.” Neat! A full charge is way better than not-a-full-charge. Axios’ Pro Rata says Ample is “solving the energy delivery challenge for electric cars.” What are we talking about here? Supercapacitors? Ultracapacitors? Ultra-fast charging? Wireless charging? Ultrasonic charging? The suspense is killing me! Off to their website . A picture of a cold day in Chicago and a simple tag line: “Electric Cars for Everyone.” To get some...

Full article: https://www.greentechmedia.com/articles/read/ample-a-bett...

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