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Electric Car Startup Raises The Voltage:

Ample, electric car-charging stealth startup, has raised $31 million funding to deploy its technology in multiple locations over the coming months. The latest round is led by Shell Ventures with participation from Moore Strategic Ventures, Repsol Energy Ventures, Hemi Ventures, and TRIREC. In addition, the company also announced that Steve McGrath of Shell Ventures and James McIntyre of Moore Strategic Ventures will be joining the Ample Board of Directors.

Founded in 2014, the San Francisco-based startup was started by Khaled Hassounah and John de Souza. Ample aims to solve the energy delivery challenge for electric transportation by utilizing autonomous robotics and smart-battery technology. The startup is focused on solving the energy delivery challenge for electric cars. Ample has invented an economical, rapidly deployable and widely accessible platform that delivers a full charge to any electric car in minutes.

An alternative to traditional charging, Ample makes it feasible for anyone to own an electric car regardless of driving needs, economic means, or geographic location.  As governments in Europe, Asia, America and other parts of the world impose tough emissions targets to meet the global climate change commitment, Ample was born out of the need for innovation to rapidly meet those goals.

From Silicon Valley to Ayers Rock

Silicon Valley completo legendary accelerator program, 500 Startups, is opening up in Melbourne after the Victorian government’s LaunchVic program agreed to tip $2 million into its launch. The deal will see the organisation get behind at least 40 Australian startups over the next two years, also offering them access to the 500 Startups global network and other Silicon Valley venture capitalists.

The 500 Melbourne core acceleration program will accept 20-25 startups annually from Australia and the APAC region. 500 Melbourne will also be looking to invest in startups alongside angel and VC investors from the local market, working outside the accelerator program with year-round events from host pitch coaching sessions, to customer acquisition and growth marketing, local and Tech investor education programs as part of a new hub for the Australian startup ecosystem.

The deal pushes Melbourne’s credentials as the nation’s tech and startup capital, with other global businesses such as Zendesk, Square, Slack and Cognizant basing themselves in the city. Victoria’s innovation minister Philip Dalidakis said 500 Startups was one of the best accelerator programs in the world. The money going to 500 Melbourne is part of $4.9 million to startups in round two of the $60 million LaunchVic funding program. Dalidakis said the round two grants were matched with cash and in-kind support that will result in a total investment of $11.6 million for Victoria’s startup sector.

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