Amber Electric
Latest round
- Series E
Last raised
- Sep 2026
Total raised
- $119M
Investors
- 17
About Amber Electric
Based in Melbourne, Australia, Founded in 2017, Amber Electric Pty Ltd specializes in wholesale electricity services. The company was co-founded by Christopher Thompson (co-CEO) and Dan Adams (co-CEO).ON Strategic Co-Investments. Amber Electric specializes in providing wholesale electricity to battery owners in Australia. The company's core product offerings include a platform that enables customers to optimize their energy use through advanced technology, allowing them to buy and sell electricity at fluctuating wholesale rates. The service aims to empower users to maximize their energy savings and returns on investment by utilizing battery storage effectively. With features such as SmartShift technology, the platform automates the charging and discharging of batteries based on real-time energy prices, thereby enhancing efficiency and profitability for users. The target customer base includes residential homeowners equipped with solar panels and battery systems, particularly in key Australian markets such as Victoria and New South Wales, where renewable energy adoption is increasingly prevalent. Amber Electric generates revenue primarily through a subscription-based model, where customers pay a monthly fee for access to the wholesale electricity service and associated technology. Customers benefit from wholesale feed-in tariffs and export rates, which incentivize them to sell excess energy back to the grid. Pricing for the service includes a monthly subscription fee, allowing users to engage with the platform without hidden charges or penalties. Through this comprehensive service offering, Amber aims to facilitate significant cost savings for its clients while promoting the integration of renewable energy solutions across Australia.
Who invested in Amber Electric
17 investors across 6 rounds
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Questions about Amber Electric
Who invested in Amber Electric?
Amber Electric has 17 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Amber Electric raised?
Amber Electric has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Amber Electric last raise money?
Amber Electric's most recent round on record is a Series E, in Sep 2026.
What does Amber Electric do?
Based in Melbourne, Australia, Founded in 2017, Amber Electric Pty Ltd specializes in wholesale electricity services.
Where is Amber Electric headquartered?
Amber Electric is headquartered in Melbourne, Australia.
Which VCs invest in companies like Amber Electric?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back renewable energy companies at Amber Electric's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series E
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