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Amperesand raises $12.5M seed round to remake the humble 140-year-old transformer

Transformers are everywhere on the electrical grid, and they'll need new tech to realize the "internet of power."

Yet with distributed renewables, batteries and electric vehicles, change is coming to the global grid faster than at any time in the last century. As more stuff is added to the grid — from solar arrays to whole-house batteries and EV fast chargers — there’s more potential for things to go wrong. But it’ll be several years before risk-averse utilities decide to use them, so Amperesand is starting by selling to EV charging companies to power their ports.

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