Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam.
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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.
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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.”
About Ampotech
Ampotech manages the electrified world with AI-enabled internet of things solutions. Headquartered in Singapore, Ampotech focuses on the built environment and energy-intensive industries and has been recognised as a leading climate tech company in Southeast Asia, winning multiple awards. Today, Ampotech works with energy services, renewable energy, real estate, and manufacturing business and deployed tens of thousands of connected devices to help businesses save energy and manage distributed energy resources.
About Clime Capital
Clime Capital Management Pte. Ltd. (Clime Capital) is a Singapore-headquartered fund management company registered with the Monetary Authority of Singapore. Clime Capital is the manager of SEACEF I and SEACEF II. The Clime Capital team comprises senior professionals with deep Southeast Asian market experience in clean energy investments and developments. The team brings a diversified skill set in early-stage project funding and development, investment and portfolio management, project finance, design and engineering, operations, and environmental safeguards. Clime Capital has an on-the-ground presence in Vietnam, India, Indonesia, the Philippines, and Singapore.
