Amperesand raises $12.5M seed round to remake the humble 140-year-old transformer
The world’s electricity infrastructure is awash in transformers, the bits of equipment that change voltage as electricity courses through the grid. They’re present at nearly every point, from power plants to phone chargers. For the most part, they’ve been unchanged since they were first developed in the late 1800s. That longevity is a testament to … Read more