Amantys Limited, an energy efficiency power electronics company, announced the successful closure of a $7 million Series A round. The new funding enables Amantys to continue with the commercialization of its digital power switching platform.
The new funding round has been led by Moonray Investors, part of Fidelity International and ARM Holdings plc (ARM). Moonray Investors has additionally purchased certain of the remaining external minority interests in Amantys.