TDK Ventures Invests in Solid-State Transformer Startup to Enhance E-Mobility
Amperesand's SST technology offers a number of advantages over traditional transformers, including:
- Higher efficiency: SSTs can achieve up to 99% efficiency, compared to 95-98% for traditional transformers. This can lead to significant energy savings, especially for high-power applications such as electric vehicle (EV) charging.
- Smaller size and lighter weight: SSTs are much smaller and lighter than traditional transformers, making them ideal for space-constrained applications such as EVs.
- Longer lifespan: SSTs have a longer lifespan than traditional transformers, reducing the need for maintenance and replacement.
TDK Ventures' investment in Amperesand will help the company accelerate the development and commercialization of its SST technology. This will support the growth of the e-mobility market and help to make EVs more affordable and accessible.
“We are excited to invest in Amperesand and support the development of its game-changing SST technology,” said Mr. Taro Yamada, General Manager of TDK Ventures. “SSTs have the potential to revolutionize the e-mobility market and make EVs more efficient, affordable, and sustainable.”
“We are thrilled to have TDK Ventures as an investor,” said Dr. Alex Lidow, CEO of Amperesand. “TDK's global reach and expertise in the electronics industry will be invaluable as we bring our SST technology to market.”
### About Amperesand
Amperesand is a Singapore-based startup developing solid-state transformer (SST) technology for the e-mobility market. The company was founded in 2020 by a team of experienced engineers and scientists with a proven track record in the power electronics industry.
### About TDK Ventures
TDK Ventures is the corporate venture capital arm of TDK Corporation. TDK Ventures invests in early-stage startups that are developing innovative technologies in the areas of electronics, energy, and materials. The company's goal is to support the growth of these startups and to help TDK bring new products and solutions to market.
