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.
Ampotech provides 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.
Ampotech CEO William Temple said, “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.”
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.”
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