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Ford executive Alan Clarke and AMP founder Anil Paryani.Image Credits:Ford and AMP.
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Ford is purchase and inhume Auto Motive Power , or “ AMP ” for short , to bolster its charging , battery management and power changeover technical school .
The close energy startup onceclaimedto king “ most of the world ’s top electrical OEMs , ” though as far as we can tell it never expose its client publically .
Ford declined to say how much it paid for AMP . Since it launched in 2017 , the startup bring up $ 26.5 million and bring on around 149 staffers , allot toPitchBookdata .
As an independent company , AMP ’s scope grew to admit power management for everything fromautonomous rideshare vehiclestodronesandhyperloop - mode transferral , concord to now - delete pages that are retrievable via the Internet Archive . To that pointedness , AMP ironware honcho Jiaqi Liangpreviously worked at Virgin Hyperloop .
Ford will bring on the “ majority ” of AMP ’s employees , Bergg said . This includes AMP founder Anil Paryani , who will report to Ford EV development boss Alan Clarke within theModel e unit . Clarke and Paryani previously act together on Tesla ’s technology squad , overlapping for about five years .
It appears that AMP ’s COO , Lionel Selwood Jr. , will not join Ford , per the executive’sLinkedInprofile .
Paryani said in a statement that the AMP squad is look “ frontward to helping accelerate EV adoption with Ford ’s manufacturing muscle and know - how behind us . ” He say he was “ super stoke ” to share the news program .
Bergg sum up that Ford is “ focused on accelerating EV adoption and improving charging experience , ” and this special deal is about “ speed that effort . ”
AMP ’s lead investors included Marco Marinucci of Hella Ventures , Alex Moore at 8VC , Geoff Eisenberg of Ecosystem Integrity Fund and Josh Grehan of Helios Climate Ventures .
Updated Nov. 2 to include EIF ’s Geoff Eisenberg among the investors .
