Amber Electric was born in 2017 and has since received support from a range of investors.
Amber’s $2.5m Seed round was led by Square Peg, and supported by Giant Leap and Black Sheep.
With their support we’ve been able to grow Amber from a bold idea into a rapidly growing business. Our customers have been able save more on their power bills when they’ve shifted some of their household’s energy usage to times when renewables are available in the grid.
Our Series B investor, Commonwealth Bank of Australia, has provided the funding we need to reach our full potential. Their $20m investment will enable us to develop our technology faster and will accelerate Amber to 100k customers.