Singapore-headquartered energy technology company Amplicity announced on October 29, 2026, that it has closed a USD 1.01 million seed funding round backed by Loyal VC. The company is engaged with more than 20 prospective customer sites across Asia-Pacific and plans to enter Japan in 2027.
Amplicity develops technology that allows data centers, factories and other industrial facilities to use available capacity in uninterruptible power supply and backup battery systems. The platform reserves the capacity required for backup power while using the remainder for peak shaving and participation in wholesale electricity markets. Site operators set the reserve limits, which are enforced by local controllers even without an internet connection.
The company estimates that Singapore’s data centers have around 160 MWh of installed UPS and backup battery capacity. Across Asia-Pacific, it estimates that data centers have about 740 MWh of installed battery capacity, excluding additional systems at factories and other industrial facilities. Amplicity noted that not all of this capacity can be used flexibly.
Amplicity said peak shaving, which reduces costly electricity demand spikes, typically provides the largest source of value. Its modeling indicates that a S$500,000 battery at a Singapore data center could generate about S$256,000 in annual value, primarily through peak shaving and supplemented by wholesale electricity market revenue. The company’s Battery Value Assessment evaluates a battery’s potential value before an operator commits.
Amplicity initially works with batteries already owned by a customer, avoiding new battery expenditure. It can also optimize operational battery energy storage systems or install additional storage with financing options where further capacity is economically justified.
According to the company, data centers account for about 7% of Singapore’s electricity use. The country has more than 1.6 GW of data center capacity and plans to add at least 300 MW, while approximately 95% of its electricity is generated from natural gas. Amplicity said distributed batteries at existing sites could support grid stability and renewable energy integration without requiring new battery installations.
Source: PR Newswire
