Venture capital fund · 3 deals

1GT

Disclosed deals

Every published round 1GT took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.

Company	Stage	Announced	Amount	Role	Alongside	Sources
Amber Electric	Series D+	21 Sep 2026	$78.5m	Lead	ETF Partners Innovation Victoria E.ON	Dynamic Business, This Week in Australian Startups
Amber	Series D+	21 Sep 2026	$78.5m	Lead	ETF Partners Innovation Victoria E.ON Morgan Stanley E.ON.	Forbes Australia, Business News Australia, RenewEconomy
Amber Electric	Series B	30 Jun 2025	$45m	Lead	Square Peg Capital Breakthrough Victoria ETF Partners Gentrack Rubio Impact Ventures Innovation Victoria E.ON	Dealroom, Startup Daily, Breakthrough Victoria (14 May 2026), Breakthrough Victoria (14 May 2026), Breakthrough Victoria (23 Dec 2025), RenewEconomy (30 Sep 2025), RenewEconomy (4 Jun 2025)

Portfolio

Companies 1GT has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Amber		21 Sep 2026, Series D+	1	1
Amber Electric	Energy retailer offering flexible, market-driven household energy plans	30 Jun 2025, Series B	2	2

Funds

Fund closes reported for 1GT, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for 1GT yet.

Portfolio companies acquired

Companies 1GT has backed that another company then bought. An exit for the holding, not a deal 1GT did.

Company	Bought by	Kind	Announced	Price
No portfolio company of 1GT is recorded as having been acquired.

Name	Role	Sources
Vikram Raju	Head of Climate Private Equity Investing	amber.com.au, Dealroom, Business News Australia, RenewEconomy

Coverage

Stories naming 1GT. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

15 deals

🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

This Week in Australian Startups 26 Sep 2026 Amber Electric Auric CodeBreakers Fever Heidi Health HEO Hubblenetwork Kinoxis Therapeutics Medcast OpenDebt Remagine Labs RentBetter Significant Capital Ventures TasTest Zeligate Advanced Navigation Afterpay Airtasker AirTrunk Airwallex Anthropic AUSTRAC Australian Government Australian Signals Directorate Catch CDC Centre Droneshield Elixinol Wellness Ellerston Capital Employment Hero Firmus Technologies Genetic Signatures Innovaero Investment NSW Kongsberg Luxury Escapes Medicare Microba Morgan Stanley National Transport Solutions Nearmap News Corp NSW Government Ofload OpenAI ParaScript Ramp South Australian Government Spark Stakk Limited Telix Pharmaceuticals Telstra The U Group Thoma Bravo University of Canberra University of Newcastle Victoria Vitable 1GT AirTree Ventures Angel Investors Antler Australia Athletic Ventures Avicella Capital Baillie Gifford Beaten Zone Venture Partners Best Practice Blackbird Ventures Carthona Capital CSIRO DCode Capital Deepwater Dumm Capital E.ON EQT ETF Partners EVP General Catalyst Headline Innovation Victoria Main Sequence Ventures Medical Research Future Fund Monash University NRF Corporation Paspalis Phoenix Court Point72 Salus Ventures Scalare Partners Stoic Venture Capital Ten13 Uniseed UniSuper University of Sydney UNSW Greg Boorer Pat Cummins Sam Kerr Albanese Anoulack Chanthivong Gabby Leibovich Hezi Leibovich Jack Zhang Jonathan Lui

Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·Dealroom·ABC News Technology

Funding announcement

Amber raises $78.5m to supercharge its international leadership in battery automation

Amber, an Australian home battery automation company, has secured a Series E round led by Morgan Stanley's 1GT climate fund, with earlier backers taking part, to support local growth and European expansion.

amber.com.au 21 Sep 2026 1GT 2020 - Series A | 2024 - Sold Realised E.ON E.ON Next Innovation Victoria Morgan Stanley Investment Management Chris Thompson Dan Adams Hannah Pemberton Vikram Raju

3 deals

Amber closes $78.5m Series E to push energy tech platform into European markets

Melbourne energy tech firm Amber has banked a $78.5m Series E led by Morgan Stanley-backed climate fund 1GT, with E.ON, ETF Partners and Innovation Victoria joining, to fund growth and European expansion.

Business News Australia 21 Sep 2026 Amber E.ON Next 1GT Australian Renewable Energy Agency E.ON ETF Partners Innovation Victoria Morgan Stanley Investment Management Chris Thompson Dan Adams Vikram Raju

3 deals

Home battery automation champion raises $78.5 million towards local growth, global expansion

Energy retailer Amber has closed an oversubscribed $78.5 million round led by Morgan Stanley's 1GT fund, with existing backers participating, to add vehicle-to-grid capability and expand into Europe.

RenewEconomy 21 Sep 2026 Amber E.ON Next Morgan Stanley Morgan Stanley Investment Management 1GT E.ON ETF Partners Innovation Victoria Chris Thompson Vikram Raju

Also Business News Australia·Forbes Australia

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