Electric car-charging startup Ample raises $31M in funding round led by Shell Ventures
In a recent announcement, San Francisco-based stealth electric car-charging startup called Ample has revealed that it has raised a substantial amount of $31 million in its Series A funding round.
The funding round reported by Ample was led by Shell Ventures, which is the investment division of multinational oil and gas giant Royal Dutch Shell. Besides, Shell Ventures, the other participants in Ample’s funding round included Moore Strategic Ventures, Hemi Ventures, Repsol Energy Ventures, and TriRec.
Ample is a 2014-founded startup, with Khaled Hassounah and John de Souza as its co-founders. The two co-founders of Ample have previously sold their startups to some other companies like Microsoft, Merck, and Symantec.
Hassounah is presently serving as the CEO of Ample. The startup has claimed in a recent statement that it has used autonomous robotics and smart battery technology for developing an “economical, rapidly deployable, and widely accessible platform that delivers a full charge to any electric car in minutes.” The startup has also disclosed that it has plans underway towards the deployment of its technology in “multiple locations” in the next few months.
With regard to the recent funding secured by Ample, Hassounah said: “Building a scalable solution for charging electric vehicles requires a new approach to infrastructure and partners who are committed to developing electrification as the new energy downstream.”
- 2414 reads
Related Articles
Popular Stories
Electric vehicle manufacturer Tesla Motors has issued a voluntary recall of 123,000 units of its Model S electric cars, owing to a defect in a power steering bolt.
According to recent data released by the Society of Motor Manufacturers and Traders (SMMT), the month of March 2018 recorded a fall in the demand for new diesel cars in the UK by more than one-third.
In an interesting spotting of a possible ‘Performance’ version of Tesla Model 3, TMC forum member ‘sreams’ has claimed that he saw the vehicle last week, at the Thunderhill Raceway in Willows, CA.
Chinese electric vehicle (EV) manufacturer Kandi has recently marked its official foray into the US market, with the launch of two new EVs --- the EX3 all-electric SUV, and the K22 subcompact electric car.
At a recent briefing with reporters in Beijing, National Development and Reform Commission (NDRC) spokeswoman Meng Wei said that China plans to take action to curtail the “blind” development of its electric vehicle (EV) sector which has been witne
Tesla CEO Elon Musk has revealed in a recent announcement that the automaker’s forthcoming super car – the next-generation Roadster – will feature an ‘Augmented Mode’ which will enable the drivers to handle the vehicle’s power.
