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Alternative Energy Startup Ampt Closes $15 Million

Alternative Energy Startup Ampt Closes $15 Million

Ampt closed $15 million in financing from Bohemian Ventures.

Ampt serves the global market for large-scale PV systems where reliability, predictability, scalability, efficiency, cost and control are paramount. The company delivers power conversion electronics and information technology designed to reduce the cost and increase the efficiency of solar energy generation. Its technology enables active j-boxes for module makers, a new class of lower cost, higher efficiency inverters for inverter manufacturers, and lowest cost cabling and monitoring solutions for balance of system and O&M providers.

The company revealed that Ampt intends to use the funds to expand its product portfolio and accelerate global growth, especially sales and partnership activities for repowering legacy PV plants in Europe, Japan and North America.