Amber Electric

Amber Electric is an Australian startup founded in 2017 with a mission to accelerate the shift to 100% renewables in Australia. The company offers dynamic power prices that fluctuate based on the real wholesale value of energy, allowing customers to save money by charging their battery during greener and cheaper energy periods and earn more by exporting during peak prices. With the integration of smart technology, Amber empowers solar and battery owners to maximize their savings and take control of their energy usage. The company has garnered support from prominent accelerators and investors, including EnergyLab and Startmate. Notable investors such as Blackbird, Square Peg, Main Sequence, Commonwealth Bank, and Black Sheep Capital, have shown confidence in Amber's vision. Amber Electric's recent Series C investment of $29.00M on 30 January 2024, led by Main Sequence Ventures, Alberts Impact Capital, and other notable investors, further propels the company's growth in the energy and renewable energy sector. Their accolades include winning Startup Vic’s Impact Pitch Night and being named Victorian Start-up of the Year. With its innovative approach and strong backing, Amber Electric is poised for significant impact and growth in the renewable energy space.