$10M investment for Amber Electric
Amber Electric does it again! Our portfolio partner just secured $𝟭𝟬𝗠 from E.ON Next (UK) and Virescent Ventures (Australia) to supercharge their global expansion! 🙌
After becoming the leading battery automation platform in Australia, Amber continues to scale across Europe with E.ON not just investing, but also partnering to bring Amber’s technology to UK households.
The Amber platform connects home batteries, EV chargers and smart devices to real-time energy prices: charging when renewables are cheap and abundant, and discharging when prices peak. A win for households, and for the grid.
This strategic investment from E.ON Next validates what we’ve believed from the start: smart, decentralised systems are key to a resilient energy future and Amber is making that happen, one home battery at a time.
Congrats to Dan Adams, Christopher Thompson and the entire Amber team. The future is flexible, and you’re helping power it! 🔋🌍