Amber Electric Raises €49m Led by Morgan Stanley

Amber Electric raises €49m led by Morgan Stanley

“We’ve built a leading energy automation platform in Australia, and this investment gives us the backing to build on that leadership globally,” said Chris Thompson, co-founder of Amber Electric. The Melbourne company has raised €49m in a Series E round, Morgan Stanley Investment Management said on Monday. 1GT led the round. It is the private […] This story continues at The Next Web

Australia-based Amber Electric raises €49M to turn home batteries into a distributed energy network - Tech Startups

Australia-based Amber Electric has raised €49 million in Series E funding, betting that the growing number of batteries in homes can become something much bigger: a distributed energy network capable of buying, storing, and selling electricity in response to grid […] The post Australia-based Amber Electric raises €49M to turn home batteries into a distributed energy network first appeared on Tech Startups.

Morgan Stanley's 1GT leads $56 million funding round in Australia's Amber Electric

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

Power play: Amber charges up on $78.5 million Series E for global push

The raise was led by 1GT, Morgan Stanley’s climate tech fund, with support from existing investors ETF Partners Innovation Victoria and E.ON.