Clime Capital invests in smart energy management solution provider Ampotech

0
4K

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam.

This investment, facilitated through the Southeast Asia Clean Energy Fund II (SEACEF II), will support Ampotech’s regional Southeast Asia expansion with an initial focus on market growth in Vietnam, Indonesia, and the Philippines, the duo said in a statement.

Ampotech provides artificial intelligence (AI)-enabled internet of things (IoT) solutions to enable commercial and industrial customers to achieve significant energy efficiency through smarter energy management.

The company’s integrated devices, data platform, and proprietary applications provide cost, performance, and cybersecurity advantages compared to integrating commercial off-the-shelf products.

These advantages compound throughout a project’s lifecycle, as vertical integration enables rapid support and reconfiguration as customers’ needs evolve.

“We are excited to partner with Clime Capital for our next phase of growth. Our ambition is to be Southeast Asia’s leading energy management company,

“We believe Clime Capital’s knowledge, market presence, and portfolio of energy companies across Vietnam, Indonesia, and the Philippines will unlock new opportunities and accelerate our growth,” Ampotech Chief Executive Officer William Temple said.

Namrata Singh, Investments Principal at Clime Capital, said Clime Capital is excited to announce an investment in Ampotech, a pioneer in the energy management space in Southeast Asia.

“Ampotech’s IoT solutions enable smart management of energy consumption for commercial and industrial consumers across Southeast Asia – fulfilling Clime Capital’s goal to accelerate the low-carbon transition in the region,” he added.

Ampotech manages the electrified world with AI-enabled internet of things solutions.

Headquartered in Singapore, the firm focuses on the built environment and energy-intensive industries.

It works with energy services, renewable energy, real estate, and manufacturing business and deployed tens of thousands of connected devices to help businesses save energy and manage distributed energy resources.

Clime Capital is a Singapore-headquartered fund management company registered with the Monetary Authority of Singapore.

The firm is the manager of SEACEF I and SEACEF II.

Its team comprises senior professionals with deep Southeast Asian market experience in clean energy investments and developments.

The team brings a diversified skill set in early-stage project funding and development, investment and portfolio management, project finance, design and engineering, operations, and environmental safeguards.

The firm has an on-the-ground presence in Vietnam, India, Indonesia, the Philippines, and Singapore.

 

#CleanEnergy #EnergyManagement #Sustainability #IoTSolutions #LowCarbon

Sponsored
Search
Sponsored
Categories
Read More
Networking
Hong Kong’s Varadise secures $3M in Series A funding round led by Betatron
Hong Kong-born construction tech company Varadise Limited has secured $3 million in a Series A...
By Ifvex 2025-01-10 14:06:47 0 5K
Food
Apples, Pecans and Dried Cranberries
If you're not into boiled Brussels Sprouts, this recipe for Shaved Brussels Sprouts with apples,...
By Recipes 2025-02-05 15:26:44 0 5K
Networking
Cloud security checklist: 5 steps to protect your data and applications
Moving to the cloud unlocks a range of new capabilities that can greatly benefit any organization...
By Ifvex 2025-03-20 07:06:57 0 4K
Causes
Clime Capital’s second SEA clean energy fund achieves maximum capitalization with $175M committed
Clime Capital, the Singapore-based fund manager, has announced that the South East Asia Clean...
By Ifvex 2025-04-02 06:57:15 0 3K
Networking
Grab Malaysia signs MoU with government agency MDEC to drive digitalization of MSMEs
Grab Malaysia said Wednesday that it will collaborate with the Malaysia Digital Economy...
By Ifvex 2025-03-31 01:31:15 0 2K