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Industry
Amber Electric raises €49 million to expand battery push in Europe Amber Electric has raised €49 million ($56.2 million) in Series E funding led by Morgan Stanley's climate-focused 1GT strategy, with participation from German utility E.ON, to fund the Australian battery-automation company's expansion into Europe.
Brian Publicover
Sep 22, 2026
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Man charging an EV
Revenue streams
Australian vehicle-to-grid trial gets $3.2 million boost Amber Electric has received a $3.2 million (USD 2.3 million) grant from the Australian Renewable Energy Agency (ARENA) toward their $7.7 million electric vehicle (EV) smart charging and bi-directional vehicle-to-grid (V2G) software solution trial. One thousand customers across Australia will participate in the trial over the next two years with the V2G scope expected to begin in mid-2025.
Ev Foley, Carrie Hampel
Jun 20, 2024
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