June 4, 2025

$45 million growth round for Amber

Another leap forward in the energy transition! Our portfolio partner Amber has raised a $45 million growth round to further accelerate its international rollout! ๐Ÿ™Œ

After becoming the leading battery automation platform in Australia, Amber is now scaling further into Europe โ€” with signed partnerships in the UK, including E.ON ) and more markets on the horizon. ๐Ÿ‡ฆ๐Ÿ‡บโšก๐Ÿ‡ฌ๐Ÿ‡ง

The Amber-platform connects home batteries, EV chargers and smart devices to real-time energy prices โ€” charging when renewables are cheap and abundant, and discharging when prices peak. A win for households, and for the grid.

This round was led by ETF Partners, with continued support from existing investors including Square Peg, Gentrack, Breakthrough Victoria and Rubio. We believe that smart, decentralised systems are key to a resilient energy future โ€” and Amber is making that happen, one home battery at a time.

Congrats to Dan Adams, Chris Thompson and the entire Amber team โ€” the future is flexible, and youโ€™re helping power it. ๐Ÿ”‹๐ŸŒ