What is Ambri?
Ambri specializes in long-duration energy storage solutions, leveraging its proprietary Liquid Metal battery technology to facilitate the integration of renewable energy into power grids. The company targets utility providers and large-scale renewable energy projects, offering a sustainable and cost-effective alternative to conventional energy storage systems. Ambri's batteries are engineered for exceptional reliability and safety, boasting a lifespan exceeding 20 years with minimal degradation. Their solutions are designed to enable energy shifting, capacity firming, and renewable integration, thereby reducing reliance on fossil fuels and contributing to a cleaner energy future.
How much funding has Ambri raised?
Ambri has raised a total of $194M across 3 funding rounds:
Series B
$15M
Series C
$35M
Unspecified
$144M
Series B (2012): $15M with participation from Khosla Ventures, Total Carbon Neutrality Ventures, and Bill Gates
Series C (2014): $35M led by Khosla Ventures and KLP Enterprises
Unspecified (2021): $144M supported by Goehring & Rozencwajg Associates, Japan Energy Fund, Bill Gates, Paulson, Reliance New Energy Solar, and Fortistar companies
Key Investors in Ambri
Khosla Ventures
Khosla Ventures is a venture capital firm founded in 2004 by Vinod Khosla, focusing on breakthrough technologies across various sectors including sustainable energy. They provide venture assistance and strategic advice to entrepreneurs.
Goehring & Rozencwajg Associates
Goehring & Rozencwajg Associates is an investment firm with extensive experience in the natural resource industry, offering research and investment expertise. They focus on opportunities within this sector.
Japan Energy Fund
The Japan Energy Fund, backed by prominent Japanese companies, invests in innovative international companies with decarbonisation technologies, aiming to build a sustainable society through renewable energy and advanced energy start-ups.
What's next for Ambri?
With its recent major strategic investment, Ambri is poised to accelerate the commercialization and deployment of its advanced Liquid Metal battery technology. This significant capital infusion will likely fuel expansion efforts, enhance manufacturing capabilities, and support strategic partnerships aimed at scaling its operations. The company's focus on utility-scale energy storage positions it to play a crucial role in the global transition towards renewable energy, addressing grid stability challenges and enabling greater penetration of intermittent power sources.
See full Ambri company page
