Energize leads a $20 million Series B investment in Amperon, an AI-driven energy forecasting platform, to enhance data analytics solutions and support the transition to a decarbonized grid.

Target Information

Amperon is an innovative data analytics platform focused on electricity forecasting, particularly in relation to the growing energy transition. The company leverages advanced artificial intelligence to provide its clients with comprehensive insights into energy market dynamics, aiding in the management of supply and demand effectively. Established by energy market expert Sean Kelly and data scientist Abe Stanway, Amperon has developed a strong track record in delivering precise forecasts that cater to diverse energy sector participants, including energy retailers, utilities, and independent power producers.

The platform facilitates various stakeholders in the energy value chain—from generators to corporate users—by offering grid-level, portfolio-level, and meter-level forecasts. This versatility makes Amperon's services applicable to a wide range of use cases, from energy trading to renewable asset management.

Industry Overview

The energy sector is experiencing unprecedented changes, chiefly driven by an increase in severe weather events and the widespread adoption of renewable technologies. As these factors reshape the electricity grid, accurately pr