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Amber Electric
Wholesale energy prices with home battery and EV automation
About Amber Electric
Amber Electric (Amber) is an Australian energy company that gives households access to real-time wholesale electricity prices and automates home batteries and EVs so customers charge when renewable power is cheap and earn by discharging when prices spike. Co-founded and co-led by Chris Thompson and Dan Adams, Amber says it is Australia’s largest residential battery automation product, orchestrating more than half of automated home batteries in the country, and its technology underpins E.ON Next’s Next Optimise smart tariff and battery/EV automation product in the UK, with vehicle-to-grid (V2G) capabilities rolling out. In September 2026 Amber closed a nearly twice-oversubscribed $78.5 million Series E led by 1GT, Morgan Stanley’s climate tech fund, with Environmental Technologies Fund (ETF Partners), Innovation Victoria and E.ON, to scale in Australia, expand across Europe and keep investing in products and infrastructure that put households at the centre of the energy transition. Sources: Amber blog 21 Sep 2026.
Source: Dealroom company dataAt a glance
- Founded
- 2017
- Headquarters
- Melbourne, Australia
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Square Peg Capital
Giant Leap Fund
Black Sheep Capital
Innovation Connections
Australian Renewable Energy Agency
Series A3 investors entered at this stage
Main Sequence Ventures
Commonwealth Bank of Australia
NRMA
Series B and later7 investors entered at this stage
Gentrack Group
Rubio Impact Ventures- SVSquare Peg Ventures
ETF Partners
Breakthrough Victoria
Eon UK PLC
Virescent Ventures
Source: Dealroom Talent Intelligence.
Global footprint
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Market sentiment
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