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TDK Ventures invests in Singapore-based startup Amperesand

TDK Corporation’s subsidiary, TDK Ventures, is investing in Amperesand to deliver megawatt-scale DC charging solutions for the EV revolution.
By James Foster February 9, 2024 Read time: 2 mins
TDK Ventures invested in Amperesand because of its groundbreaking and market-ready SST technology which solves key challenges in the EV DC fast-charging sector. Image: TDK Ventures/Amperesand
TDK Ventures invested in Amperesand because of its groundbreaking and market-ready SST technology which solves key challenges in the EV DC fast-charging sector. Image: TDK Ventures/Amperesand

Spun out of the Nanyang Technological University of Singapore (NTU), Amperesand delivers critical improvements to EV charging infrastructure hardware that will support rapidly expanding electrification across fleets, consumer vehicles, ports, and beyond.

Transformers are pivotal in the power distribution infrastructure, essential for global electrification. They are particularly critical in the EV sector to ensure the correct form of power is delivered at the right location. With growing demands for electrification, the predominantly alternating current (AC) grid faces challenges. These include greatly increased direct current (DC) loads, aging infrastructure, transformer shortages, and increased project costs, due to labour, materials, and permitting.  Such issues represent an urgent technical challenge to continued progress as grid infrastructure must keep pace with rapid growth in electricity demand from EV fast charging in the near term, and industry and homes in the long term. 

Amperesand's technology is a game-changer, addressing critical pain points in the electrification landscape. The company’s containerised SSTs directly connect to the distribution grid with a customisable mixed AC/DC output, bidirectional power flow. Moreover, they have a very small footprint, enhanced flexibility, and improved reliability, revolutionising how high-capacity DC loads, such as EV charging stations, connect to the grid. This technology not only meets the current demands but is also adaptable to the future needs of a highly variable and distributed grid, setting a new standard in the field of power distribution.

TDK Ventures says it invested in Amperesand with an aligned vision of ushering in a positive and sustainable energy transformation worldwide, and in so doing, supporting the best and brightest innovations in electrification tech. The initial focus on EV DC fast charging is a key backbone enabler for multi-sector EV technology adoption and addresses key logistic and economic challenges that would otherwise plague development.

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