Ampere operates an electrification platform that enhances energy cost visibility and identifies electric equipment to replace gas-based systems, facilitating the transition to on-site power solutions. The platform also offers flexible financing options, enabling manufacturers to reduce operational costs and carbon emissions effectively.
Funding
Funding not disclosed
Founders
Product
Problem
Manufacturers often lack clear visibility into their energy costs and struggle to identify optimal opportunities for transitioning from gas-based systems to electric alternatives. The upfront capital expenditure required for electrification projects can also be a significant barrier.
Solution
Ampere provides an integrated electrification platform that enhances energy cost visibility and identifies opportunities to replace gas-based equipment with electric solutions. The platform uses machine learning to create a tailored sequence of upgrade options specific to a manufacturer's business needs. Ampere also offers flexible financing terms, combining its own capital with Green Banks, CDFIs, and public funds to minimize upfront costs and enable manufacturers to reduce operational expenses and carbon emissions.
Target Audience
Ampere's primary customers are manufacturers seeking to reduce energy costs, decrease carbon emissions, and transition to on-site power solutions.
Features
- Advanced machine learning engine for identifying tailored electrification upgrade options.
- Energy cost visibility tools for tracking and analyzing energy consumption.
- Identification of suitable electric equipment replacements for gas-based systems.
- Flexible financing options through a combination of Ampere's capital and external funding sources.