ampUp, a Cupertino, Calif.-based company that develops electric car and charging technologies, raised an undisclosed funding round.
Investors include main automakers SAIC Motor and Hyundai Motor Company, while Forest Ventures and others participated in the round.
The company intends to use the funds to accelerate development of its technologies.
Led by Thomas Sun, CEO, ampUp is an electric car (EV) software program employer that permits drivers, hosts, and fleets to charge stress-free. The technology gives groups and property proprietors the potential to control multiple charge stations in a single place. Advanced capabilities include smart scheduling, dynamic access manage and power optimization.
The network and fleet management system also lets in web site hosts to take part in ampUp’s peer-to-peer charging network.
A Graduate of the YCombinator incubator, the company also offers features such as smart scheduling, dynamic access manipulate, load management, charge processing, and real-time analytics.