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Ambient Photonics
The world's most powerful low light energy harvesting PV cells for smart home, consumer electronics and IoT devices
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- CVCthulhu Ventures
Regeneration.VC
Series B and later2 investors entered at this stage
Silicon Valley Bank
Trinity Capital
Other known investors1 additional known investor
Warner Babcock Institute for Green Chemistry
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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