Melbourne-based Amber has secured €25.6M in funding led by ETF Partners, with participation from Rubio Impact Ventures. The funds will help Amber scale its operations in Europe, capitalizing on significant partnerships with utility giants like E.ON and Ecotricity. Amber's technology connects home batteries and EV chargers, allowing users to manage energy consumption smartly, charging during low-price periods and discharging during peak prices. The company aims to promote energy transition to renewable sources and collaborate more extensively with Gentrack's global utility network for enhanced efficiency and growth.
Rubio invests in world-changing entrepreneurs who unite powerful positive impact with a scalable commercial business; the future-proof approach to successful business.
Amber has proven that their technology works and scales. They're transforming how households interact with energy and enabling a smarter, decentralized energy future.
Their platform connects home batteries and EV chargers to real-time energy prices - charging when renewables are cheap and abundant, and discharging when prices peak.
Amber will use the funds to scale its operations further into Europe and has already signed deals with major utilities.
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