Amperesand is targeting data centers with its advanced solid-state transformers, designed to enhance efficiency as electricity demand surges. CEO Gary Lawrence highlighted a projected increase from 90 gigawatts to over 185 gigawatts in global data centers by 2028. The technology replaces traditional iron cores with silicon carbide, allowing for better voltage regulation and integration of various power sources. The startup is currently raising a Series A round after a successful $12.5 million seed round. Amperesand aims to establish a U.S. office to access local talent and market opportunities.