Series E · Climate tech
Amber Electric raises €49m Series E led by Morgan Stanley’s 1GT
The battery-automation provider will expand in Europe and Australia.
Amber Electric has closed a €49 million Series E round led by Morgan Stanley Investment Management’s 1GT strategy. ETF Partners, Innovation Victoria and E.ON also participated.
The financing supports international expansion and development of its household energy-automation technology. Amber supplies the software behind E.ON Next’s Next Optimise offering in the UK.
Use of funds
Expand across Europe
Scale Australian technology and products
Funding history
Series E · This round€49M