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Ambient Photonics

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The world's most powerful low light energy harvesting PV cells for smart home, consumer electronics and IoT devices

Scotts Valley, United StatesFounded 2019Energy
Valuation $100–250M Last recorded · 2023
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ambient Photonics and the history behind them.

About Ambient Photonics

Ambient Photonics, founded in 2019, is a technology company focused on eliminating the need for disposable batteries in electronic devices. The company originated as a spin-off from the Warner Babcock Institute for Green Chemistry, where its core technology was first developed. It was co-founded by CEO Bates Marshall, a veteran with over two decades of experience in the semiconductor and solar markets, and CTO Dr. Kethinni Chittibabu, a material scientist with a 30-year career in opto-electronic materials and photovoltaic innovation.

The firm has engineered high-power density, low-light solar cells that can harvest energy from indoor ambient light sources like LED and fluorescent lighting. This technology is designed to power a wide array of consumer electronics and Internet of Things (IoT) devices, such as remote controls, keyboards, mice, electronic shelf labels, and sensors. Unlike traditional solar panels optimized for direct sunlight, Ambient's cells are specifically designed for low-light indoor environments, claiming to generate over three times the power of conventional indoor photovoltaic technologies. The company's business model is centered on selling these photovoltaic (PV) cells directly to global electronics manufacturers, who then embed the cells into their products. This approach aims to create more sustainable products by significantly reducing battery waste and the associated carbon footprint.

Ambient's core product is a dye-sensitized solar cell (DSSC) that uses proprietary, metal-free organic dye molecules to absorb light across the entire visible spectrum. These molecules are printed onto thin, durable glass substrates using a highly automated industrial process, which allows for the creation of cells in virtually any size or shape to fit different device designs. This manufacturing flexibility is a key feature, enabling collaboration with device designers to integrate the power source seamlessly. A significant milestone was the opening of its 43,000-square-foot, highly automated manufacturing facility in Scotts Valley, California, which is one of the largest factories of its kind and is capable of producing tens of millions of units annually. The company has secured substantial funding, including a $30 million Series A2 round in September 2023, to expand its manufacturing capabilities and drive market adoption.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Scotts Valley, United States
Employees
13
Open positions
None listed
Dealroom signal
61.0/100
Industry
Energy, Home Living
Sub-industry
Energy Efficiency
Sector
Energy, Spinout, Sustainable Development Goals, Climate Tech, Energy Harvesting, DT and LS, science-based
Technology
IoT InternetOfThings, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Sep 2023 $30M $155M Helios Climate Ventures LLC · Fine Structure Ventures · Sustainable Future Ventures · Ecosystem Integrity Fund ↗
DEBTDebt Sep 2022 $18M — Silicon Valley Bank · Trinity Capital ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Ambient Photonics website traffic

Latest recorded traffic for Ambient Photonics is 190 monthly website visits, down 94.7% over the last three months. Ambient Photonics's team declined 51.9% over the past year.

Latest monthly visits190 3-month web change-94.7% 1-year team growth-51.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

  • The Ecosystem Integrity Fund
  • Future Shape
  • I Squared Capital
  • Climate Pledge Fund
  • Ecosystem Integrity Fund
  • Helios Climate Ventures LLC
  • Fine Structure Ventures
  • Sustainable Future Ventures
  • Cthulhu Ventures
  • Regeneration.VC

Series B and later2 investors entered at this stage

Other known investors1 additional known investor

  • Warner Babcock Institute for Green Chemistry
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ambient Photonics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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