# Battery

🔋 Amplicity Raises $1M Seed Round
Amplicity has secured $1M funding, bringing in Engie and strategic angels to scale its battery revenue model across Singapore and Australia.
💡 What they do:
Turn unused backup batteries into income-generating assets—with a no upfront cost (no-capex) model for businesses.
📊 Key Insight:
A ~1.2 MWh battery system can generate $180K+ annually, converting idle infrastructure into revenue.
⚡ Why it matters:
Rising grid volatility → higher demand for flexible energy storage
Shift toward decentralized “grid-edge” infrastructure
Big players like Engie are betting o