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Ampere isn't accepting new investments

Ampere’s deadline was April 30, 2024

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Ampere

“Delivering the biggest innovation to eyewear in 50 years” - Entrepreneur.com
B2C Smart Devices Wellness Wearables Technology
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$392,520
Raised
311
Investors
Successfully funded and closed on April 30, 2024.
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Closed on April 30, 2024. Information may not be up-to-date. Campaign closed on April 30, 2024. Information displayed may not be up-to-date.
As seen in Opportunity Product Next generation Technology Traction Airport sales Recognition Perks Biz. model Vision and strategy Funding Leadership
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Ampere Technologies, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Subscription Agreement Ampere Form C.pdf
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Hear from some of the 311 people reserved or invested in Ampere


Show more

Highlights


$5M+ raised
Company has previously raised over $5M in capital
Notable angel backing
Company is backed by a notable angel investor
Venture-backed
Company is backed by a venture capital firm
  • World’s first glasses w instant electronic tint control + NEW: Sport & Rx
  • Revolutionary Tech: 96 Patents & Trademarks; 1800x faster > competition
  • Explosive Growth: +680% gross revenue +314% Dusk wholesale +500% airports
  • Proven Demand: $10M+ gross LTD, 100,000+ Customers + the largest retailers
  • Massive Upside: $323B Market; Projecting to grow 30x and hit $120M by 2026
  • Founder's track record: $70M Raised; Featured on CBS' Innovation Nation x2
  • $4M raised LTD including notable med-tech angel & institutional investors

As seen in


Opportunity


A $323B opportunity

The $323B global eyewear industry is built on outdated tech and the existing options on the market: 

a) fixed lenses not suitable for all light conditions or 

b) photochromic Transition lenses are slow and unfashionable 

They are not capable of adequately empowering wearers to see in changing light conditions.

We created Dusk, the world's first light and touch responsive smart glasses with instant electronic tint control, to address this gap. 

We have positioned Ampere as a market leader in this new and exciting technology that we believe will revolutionize the massive eyewear market.

Product


Introducing Dusk - The future of eyewear

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Dusk are the world's first pair of app-enabled, electronic tint-adjustable glasses. That means you control the tint — exactly the tint level you want, whenever you want it.

Dusk can change tint instantly at the press of a button or automatically using our patent-pending InstaOptic™ technology. They’re uniquely dynamic, the way glasses should be. Users can personalize their Dusk experience through the Ampere app and unlock additional smart features like HuddleMode™.

Patent-pending InstaOptic™ technology

Dusk

Dusk Sport

Dusk Rx

Next generation


The future of eyewear


We're creating smart glasses that don't just change the way you see, but adapt to how you live. Whether it's instantly adjusting to light conditions while driving or enhancing visibility in sports, we're pioneering a new era of wearable technology.


Smart displays integrated into glasses that show your biometric data, speed, navigation, notifications, translations and even integrate with AI are not science fiction, they will be integrated into the next generations of Dusk.

Technology


State-of-the-art Japanese manufacturing

We are the global leaders in electronically tint-adjustable glasses. The manufacturing process of Ampere's innovative liquid crystal film begins in a state-of-the-art facility in Japan. Our unique substrates and processes result in a flexible liquid crystal film that can be integrated into almost any eyewear style or lens material.

Ampere innovations

Our revolutionary lenses set a new standard by adjusting tint with 1% precision in just 0.1 seconds. This innovation offers glasses with unparalleled clarity and versatility, capable of transitioning between light and dark instantly—1800 times faster than Transitions lenses.

Our patented tech is hard to copy

Traction


We started Ampere in 2019 with a simple goal — to make fun, functional tech products that you’ll love using every day. Recognized with several prestigious awards, including four CES Innovation Awards in the last four years, and awards for both Dusk Sport and Dusk Rx, we have established ourselves as a leader in innovation in the eyewear industry. We also have a passionate global user base with over 100,000 users across 100+ countries. In 2022, we were one of the fastest-growing D2C consumer tech brands, with our revenue increasing by more than 679.89%.

Sold in the world's biggest retailers

Dusk wholesale and retail sales were up 314% YoY in 2023. We are in serious discussions with three of the top ten biggest optical retailers in the world about launching retail pilots in the first half of 2024. All three have several thousand stores globally and a successful pilot could unlock enormous sales opportunities. 

Airport sales


2023 Dusk airport sales grew over 500% YoY. And that growth trajectory has continued into 2024 - January was our biggest month of all time in airports. With almost 150 million passengers flowing through Dusk airports already, we are getting Dusk in front of an enormous number of high-value potential customers. Now we are planning to rapidly expand to airports with over 1 billion total travelers per year.

Recognition


Ampere has been recognized as a leader in innovation and design. We have been awarded a number of the most prestigious awards in tech and eyewear including four CES Innovation Awards in the last four years.

The internet loves Dusk

Outside of sales, it continues to be amazing to see the world's strong interest in Dusk and the new smart eyewear category we are pioneering. This strong affinity is evidenced by 50 million+ organic social media views, top-tier media accolades (WIRED's Best Sunglasses), the most prestigious awards in consumer tech & optical (4 CES Innovation Awards in 4 years) and consistent viral videos like @beebomco’s 54-second video with 14M views & 1M likes.

Perks


Ampere Investor Perks

Business model


Ampere's proven the need for instant electronic tint-adjustable glasses and demonstrated our technology foothold in the eyewear market. We believe we've laid the groundwork for rapidly scaling across both D2C and retail channels. Our business model is designed to bring innovative products to market as efficiently as possible – we launched two completely game-changing new versions of Dusk, back-to-back CES Award Winners, addressing all key pieces of customer feedback. We have retail pilots planned with 3 of the top 10 biggest optical retailers in the world. And, we're advancing in talks with a number of strategic partners, one of which we expect will invest several million dollars and close our Series A round.

Problem

Time to Transition to Dusk

Vision and strategy


Our mission is leveraging on technology to empower the world to see beyond 20-20. Our strategy focuses on expanding our Dusk product line and developing new eyewear innovations. This includes InstaOptic™, our patent-pending technology for automatic tint adjustment. We aim to optimize our supply chain and retail distribution through strategic partnerships, enhancing accessibility and market reach. Future expansions, such as Dusk AR and specialty lines, will continue to push the boundaries of eyewear technology.

More ambitious applications are on the horizon

Product roadmap

We’ve started with classic, sports, and prescription glasses. Next, we plan to expand to goggles for low visibility snow wear and indoor glasses equipped with blue light blocking technology. We will continue to expand our offering with new electronic tint adjustable lenses optimized for different activities.

Funding


Top institutional and angel investors have already invested in Ampere including Pleasant Bay Capital Partners, Scobie Ward, Founder of WardFerry, Robert Lloyd George, founder Lloyd George Management, and Ron Zwanziger (who has three $1 billion+ exits).

Leadership


Ampere CEO Reid Covington is a serial entrepreneur with over ten years of experience founding and scaling startups. He has started and grown six companies, as well as raised over $70 million via product crowdfunding campaigns since 2016. He is officially recognized as a Kickstarter expert and has appeared on CBS’s Innovation Nation twice.

Ampere COO Chase Larson has ten years of experience in product design, strategy, and procurement. He helped to launch China’s first free-standing outpatient surgical center alongside some of the top orthopedic surgeons in the United States (including the White House surgeon and Yao Ming’s surgeon). He managed marketing operations and in-store displays for Jawbone, before designing and launching his first product in 2016. Chase has six patents published and four more pending.

Together they manage a world-class team of over 20 professionals around the world. Advisors include Dr. Fenghua Li, a Ph.D. in Liquid Crystals, and optometrist, Dr. Phoebe Chen.

Deal terms


Price per share
$6.5

The price of each unit of stock. 


Valuation @ $6.50 per share
$39,759,024

Valuation at $6.50 per share. Please note that those entitled to bonus shares are receiving a discount and will therefore be buying in at a lower valuation than what is currently listed. 

Minimum investment
$350
The smallest investment amount the issuer is accepting in this offering.
Maximum investment
$123.5K
The largest investment amount the issuer is accepting in this offering.
Funding goal
$50K / $1M
100% of $50K minimum offering amount has been reached.

Ampere must achieve its minimum goal of $50K before the deadline.
The maximum amount the offering can raise is $1M.
Learn more
Deadline
April 30, 2024
Ampere campaign will end on .
Learn more
Security type
Common shares
Common stock issued by Ampere Technologies, Inc.
Learn more
Logo of Ampere
Ampere
“Delivering the biggest innovation to eyewear in 50 years” - Entrepreneur.com
Raised amount Price per security
0 — $300,000 $5
$300,000.01 — $1,000,000 $6.5
Close
How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Ampere Technologies, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Subscription Agreement Ampere Form C.pdf

Bonus perks

In addition to your Common shares, you'll receive perks for investing in Ampere.
79 investors
Invest
$495
Receive
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $120)
  • Early Access to Launches
  • Limited (171 left of 250)
127 investors
Invest
$995
Receive
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $140)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • Limited (23 left of 150)
34 investors
Invest
$2,500
Receive
  • 5% Bonus Shares
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $200)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • Limited (6 left of 40)
10 investors
Invest
$5,000
Receive
  • 10% Bonus Shares
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $300)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • Sold out (0 left of 10)
3 investors
Invest
$10,000
Receive
  • 15% Bonus Shares
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $500)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • One-on-one call with Co-founders
  • Limited (2 left of 5)
1 investor
Invest
$25,000
Receive
  • 20% Bonus Shares
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $1,000)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • One-on-one call with Co-founders
  • Place an intern at Ampere
  • Limited (2 left of 3)
Invest
$50,000
Receive
  • 25% Bonus Shares
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $1,000)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • One-on-one call with Co-founders
  • Place an intern at Ampere
  • Give Creative Direction on Style of a New Dusk Rx Frame
  • Limited (1 left of 1)
Invest
$100,000
Receive
  • 30% Bonus Shares
  • 15% Lifetime Discount
  • Investor Swag Kit (worth $1,000)
  • Early Access to Launches
  • Your Choice of Dusk Smart Glasses (worth $400)
  • One-on-one call with Co-founders
  • Place an intern at Ampere
  • Give Creative Direction on Style and Name of a New Dusk Rx Frame
  • Limited (2 left of 2)

About Ampere

Legal Name
Ampere Technologies, Inc.
Founded
Mar 2023
Form
Delaware Corporation
Employees
25
Website
ampere.shop
Social Media
Headquarters
Google Map location of of Ampere
8 The Green Suite A , Dover, DE
Headquarters
8 The Green, Suite A, Dover, DE, United States 19901

Ampere Team
Everyone helping build Ampere, not limited to employees

Profile picture of Reid Covington
Reid Covington
Founder
10+ years scaling consumer startups. | Serial entrepreneur, started 6 companies. | Raised $50M+ on product crowdfunding since 2016. | Officially recognized Kickstarter Expert. | Featured on CBS’ Innovation Nation x2
Profile picture of Chase Larson
Chase Larson
Co-founder/COO
10+ years experience in hardware, design, strategy, and procurement. I Formerly at Jawbone I 6 patents published and 4 patents pending
Profile picture of Fenghua Li
Fenghua Li
Technical Advisor
Founder and Chairman of Wicue I PhD, Liquid Crystal Institute, Kent State University I Head of Flexible Liquid Crystal Engineering Technology Center of Guangdong
Profile picture of Norm  Edwards
Norm Edwards
Product Designer
30+ years of design experince. I Designed for eyewear brands including Patrick Cox, Storm, Quicksilver, Jasper Conran, Kangol and more. I His design work has won both iF and Red Dot Awards
Profile picture of George Du
George Du
Manufacturing Director
15+ years of experience in manufacturing consumer electronics
Profile picture of Grant  Shi
Grant Shi
Art Director
Former design lead at WPP for Ford Motor Company's APAC Communications Team
3 more team members
Reid Covington
Founder
Chase Larson
Co-founder/COO
Fenghua Li
Technical Advisor
Norm Edwards
Product Designer
George Du
Manufacturing Director
Grant Shi
Art Director

Press

A Bluetooth Shower Speaker Seems Like a Silly Idea, But T...
Wirecutter: Reviews for the Real World Wirecutter: Reviews for the Real World
·
Nov 21, 2023

The Ampere Shower Power, our favorite in-shower speaker, is one-third off its street price for Cyber Monday-and makes a g...

Ampere Is Delivering the Biggest Innovation to Eyewear in...
Entrepreneur Entrepreneur
·
Oct 5, 2023

You have the chance to join them as a shareholder as they take on this $160B market.

Best smart glasses: Handsfree heaven
Pocket-lint Pocket-lint
·
Oct 3, 2023

Our top picks offer hands-free calls, cameras and HD displays.

App-Controlled Smart Sunglasses | The Henry Ford's Innova...
YouTube YouTube
·
Mar 1, 2023

On this segment of The Henry Ford's Innovation Nation, Adam Yamaguchi meets with Reid Covington, CEO of Ampere, to learn ...

Best iPhone chargers
iMore
·
Feb 20, 2023

The best iPhone chargers vary depending on your situation. We've picked out the highlights, whether you need one for home...

Billboard's Best of CES 2023
Billboard Billboard
·
Jan 28, 2023

This Best of CES 2023 list represents the innovations Billboard loved best, that we think will make our work better and o...

First Look: Ampere Dusk Sport Smart Sunglasses Merge Spor...
SPY SPY
·
Jan 7, 2023

Although there has been some advancements in eyewear tech, like the Bose Smart Sunglasses and Ray-Ban Stories for instanc...

The best fitness kit at CES 2023: next-gen smartwatches, ...
TechRadar
·
Jan 4, 2023

Tomorrow's wellness tech at CES 2023

102 best Christmas gift ideas of 2023
BGR BGR
·
Oct 6, 2022

Our gift guide shows you the best Christmas gift ideas to shop for early. You'll also find great stocking stuffers, trend...

Best portable travel Apple Watch chargers in 2024
iMore iMore
·
Sep 1, 2022

Looking for an Apple Watch charger to take with you while you're out and about? Check out these portable chargers!

Ampere Dusk Smart Sunglasses Review: Go From Light to Dar...
Yahoo Life Yahoo Life
·
Apr 16, 2022

Bright or overcast, there's a shade for every occasion.

These electrochromic smart sunglasses let you adjust the ...
Stuff Stuff
·
Oct 5, 2021

Turn down for what

Smart sunglasses change tint with a click and can even ta...
Mail Online Mail Online
·
Jun 2, 2021

Ampere's Dusk sunglasses shift tint with the click of a button on the temple. A deluxe model comes with an open-ear audio...

The Dusk Smart Sunglasses Allow You to Adjust Tint | Digi...
Digital Trends Digital Trends
·
May 5, 2021

The Dusk Smart Sunglasses allow you to adjust the tint of the lenses and provide audio through an open-ear system--just i...

The 19 Best Portable Chargers for All of Your Devices
WIRED WIRED
·
Jan 31, 2021

Keep your phone, tablet, laptop, and other electronics running with these handheld power banks.

The Best Sunglasses for Every Outdoor Adventure
WIRED WIRED
·
Jul 5, 2019

Protect your eyes in style while you lounge, run, paddle, or work on your computer outside.

The Best Bluetooth Speakers to Take Your Tunes Anywhere
WIRED WIRED
·
Jun 1, 2018

These are our favorite portable WIRED-tested Bluetooth speakers of all shapes and sizes, from waterproof clip-ons to a ma...

CES 2023: 100+ Highlights and Oddities From the Show
WIRED WIRED

EVs, Robots, Pee-Pee Scanners, and More. All the products, trends, and weird stuff we discovered at the Consumer Electron...

CES 2023 Editors' Choice Awards: The best of what's to come
Reviewed Reviewed

The best new products of CES 2023, selected by experts. TVs, accessible design, health & fitness, smart home, laptops, ki...

Show all
Logo of Ampere

Ampere

Ampere successfully raised $392,521 from 311 investors on April 30, 2024
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George Andrew, Herbert, Roger, Emiliano, Basir, and 306 others invested. 56 Reviews
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