Startup · $220.9m raised
Melbourne, VIC
Every investor coverage indicates participated in a round Amber raised.
| Investor | Rounds | Invested |
|---|---|---|
| ETF Partners | Series D+ · Unnamed stage · Unnamed stage | - |
| Square Peg Capital | Unnamed stage · Unnamed stage · Series B | - |
| E.ON | Series D+ · Series C | - |
| Breakthrough Victoria | Unnamed stage · Unnamed stage | - |
| Gentrack | Unnamed stage · Unnamed stage | - |
| Rubio Impact Ventures | Unnamed stage · Unnamed stage | - |
| 1GT | Series D+ | - |
| E.ON. | Series D+ | - |
| Innovation Victoria | Series D+ | - |
| Morgan Stanley | Series D+ | - |
| E.ON Next | Series A | $5,000,000 |
| Virescent Ventures | Series A | $5,000,000 |
| Alberts | Series B | - |
| CBA | Series B | - |
| Commonwealth Bank | Series B | - |
| NRMA | Series B | - |
| Startmate | Accelerator | - |
Companies Amber acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Amber. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
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.
Startmate chief Michael Batko departs following an eight-year stint; COO Phoebe Pincus steps up. The piece credits his tenure for the accelerator's growth, returns and alumni, and notes his exits from two side ventures.
Long-serving Startmate chief Michael Batko departs the accelerator's top job, with operations lead Phoebe Pincus promoted to CEO; the piece also recalls two side ventures Batko previously exited.
Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.
Weekly roundup of eight Australian and New Zealand funding rounds totalling about $53.5 million, led by SwarmFarm Robotics' $30 million Series B for its farm robots.
Funding roundup: eight trans-Tasman startups together secured $53.56 million, topped by SwarmFarm Robotics' Series B, with Amber, Javln, Enhance Labs, Indi, Wych, Lift Women and Ambra Spirits also raising capital.
Amber raised $45 million led by ETF Partners, while Sydney fintech Superhero secured $11 million at a $150 million valuation, with several executive hires announced alongside the raise.
Also @AuManufacturing·Startup Daily·SmartCompany·RenewEconomy
Energy retailer Amber has raised $45 million in a round led by ETF Partners to grow its home-battery and EV automation business overseas, having bought charging app Charge HQ earlier this year.
Also Startup Daily·SmartCompany·SmartCompany·Business News Australia
Amber, the home battery automation company, has banked a $45 million round led by ETF Partners alongside Square Peg, Gentrack, Rubio Impact Ventures and Breakthrough Victoria; co-founder Dan Adams talks growth and overseas licensing.
Also Startup Daily
Breakthrough Victoria highlights recent achievements of portfolio companies including funding, awards, and expansions for firms like Liquid Instruments, Quantum Brilliance, and Samsara Eco.
A profile of Startmate ranking the twenty most valuable companies it has backed, noting their valuations, past raises and founders, plus Bugcrowd's newly announced purchase of Informer and its climate focus.
Alberts Impact Ventures introduces its new investment associate in a Q&A covering his prior role at an investment platform, his path into impact investing, and portfolio companies in health and climate.
Investor's own year in review: five new portfolio companies, a follow-on into ULUU, the Verve Super exit, the Equity Clear gender-reporting initiative, a first founders' retreat, and a sweep of awards for portfolio companies.
Also OIF Ventures portfolio·Alberts Impact Ventures portfolio·Alberts Impact Ventures portfolio·SmartCompany·Startup Daily·SmartCompany·Women's Agenda·Crunchbase News
Square Peg partners discuss climate tech investing at the firm's AGM: venture's role, regulation, energy cost tailwinds, and startups they flag such as Tomorrow.io, Vow, Neara and Amber; also recalls Occidental buying Carbon Engineering.
Also Crunchbase News
EnergyLab has picked 10 startups, six of them Australian, for the newest round of its Scaleup Program, which pairs clean energy companies with corporates, backers and mentors to hasten grid decarbonisation.
Alberts Impact Ventures recaps 2022: six new portfolio companies, five follow-on investments, a led seed round in Abby Health, plus team events, a trade mission and investor recognition.
Amber has acquired energy monitoring app Powerpal for $9.5 million. The article also recalls Amber's $13.4 million raise in October, which included NRMA among its investors.
Square Peg Capital's investment note explaining why it led energy retailer Amber's seed round, covering Amber's wholesale-priced electricity model, its founders' backgrounds, and the case for pass-through renewable energy pricing.