Foothill Ventures is a technology-focused venture fund based in Los Altos, California. It makes seed and A-round investments in startups across software, life sciences, and deep tech.
Amperesand raises $12.5M seed round to remake the humble 140-year-oldntransformer
Amperesand raises $12.45 million in seed funding to commercialize silicon-carbide solid-state transformers developed in research labs at Singapore’s Nanyang Technological University. Xora Innovation and Material Impact co-lead the round, with TDK Ventures and Foothill Ventures participating. The startup initially targets EV charging companies, citing the equipment’s modular design, smaller footprint and lower cooling needs; it plans to deliver first units in the U.S. and Singapore in 2025 and begin full commercialization the following year.
Feb 2024 · TechCrunchNews article
Foothill Ventures
Operating Status: Operating
Tech-focused venture fund with seasoned US-China team, boasting 7 PhDs and 150+ patents.