AmpereHour Energy, a full-stack energy storage solutions provider, has raised USD five million in a Series A funding round led by Avaana Capital, with participation from UC Impower and existing angel investors.
The investment will support the company’s expansion, manufacturing advancements, product diversification, and research and development. Founded in 2017 by IIT Bombay alumni Ayush Misra, Rahul Shelke, Harshal Thakur, and Neehar Jathar, the company specialises in modular, scalable, and software-driven battery energy storage systems (BESS). With over 1,000 MWh of global ESS project experience across 50+ sites, it has built a strong presence in the energy sector.
AmpereHour Energy’s proprietary ELINA Energy Management Software optimises battery performance, catering to utility-scale, commercial, and industrial applications. It also provides turnkey EPC services for seamless integration and long-term reliability. The company’s clientele includes Cummins, Siemens, Coca-Cola, Amazon and Yellow Door (UAE).