AMPY Founders Alex Smith & Tejas Shastry Pitch Business (Video)

AMPY Co-foundersAMPY ran a pretty successful crowdfunding campaign on Kickstarter late last year.  Raising over $300,000 from more than 2500 backers for a device that uses your motion to hold a charge. The more you move the more juice in your battery. For active individuals this may be a pretty practical device.  While the project is still in the midst of shipping to backers, the founders, Alex Smith and Tejas Shastry, are looking to take their concept to the next level.  What they need is more capital for growth.

“You put a lot of energy into your day why can’t you get some of the energy back”

AMPY 1According to Smith and Shastry, an hour of exercise generates up to 5 extra hours of smartphone battery life (standby). Sounds like a fair trade to me. The startup wants to take the technology and slim it down, squeezing it into fitness trackers, smartwatches and more. The pair delivered their pitch on CNBC and the results were pretty encouraging.

Watch the video below.


 


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