Media Centre
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Amber in the media
1 February 2024, Melbourne: Amber has finalised its oversubscribed Series C round, closing with $29m to scale the business in Australia and focus on the international expansion of their battery and EV automation technology.
Energy retail upstart Amber Electric says customers using the company’s SmartShift home battery management platform have earned a combined total of $60,000 over the past quarter, simply from exporting their stored solar energy.
Amber has banked $13.5 million in extra funding and added NRMA to its line-up of investors.
Motoring mutual the NRMA invests in Amber as part of its focus on infrastructure to support the uptake in EVs.
Energy retail upstart Amber Electric has snagged a big-name new investor in its latest round of fundraising, with Australia’s largest mutual organisation, NRMA, joining a $13.4 million Series B extension.
In his review of his new SolarEdge battery, Jonathon Wedge says compatibility with SmartShift "significantly increased my savings".
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