Australian energy tech startup Amber is leading the charge in EV innovation with smart software that helps homeowners save money and earn from their electric vehicles. After dominating the Australian market, Amber has raised $29.6 million to expand into Europe, aiming to transform how households use and share energy across the UK, Germany, and beyond.
Australian energy tech startup Amber is taking its smart battery and EV software global—beginning with a major push into the UK and Germany.
Amber, an energy tech company based in Melbourne, has raised $29.6 million (€26 million) to fuel its expansion into Europe. The fresh capital—led by ETF Partners and supported by returning investors Square Peg, Gentrack, Rubio Impact Ventures, and Breakthrough Victoria—will help the company bring its innovative energy solutions to new markets.
Amber’s core offering is software that automates how home batteries and electric vehicles (EVs) are charged and discharged. The system charges batteries and EVs when electricity is cheapest and sells excess power back to the grid when prices are high—creating both savings and income for users. This approach puts Amber at the forefront of EV innovation, helping homes become smarter and more energy-efficient.
Australia’s Energy Tech Success Story Heads to Europe
With 40% of new automated home batteries in Australia already using Amber’s technology, the company has a proven model. Now, it’s replicating that success abroad. Amber has officially launched in the UK, with co-CEO Chris Thompson moving there to lead the expansion, and plans are underway to open a new office in Germany.
Rob Genieser, managing partner at ETF Partners, highlighted Australia’s advanced energy infrastructure as a key advantage: “One in three homes there has solar panels, and battery adoption is booming. The amount of solar tech being used is already four times higher than in the UK.”
Unlocking the Power of EVs
As part of its European rollout, Amber plans to introduce its vehicle-to-grid (V2G) technology later this year. This feature will allow electric vehicle owners to sell energy back to the grid during peak demand times, turning EVs into income-generating assets. It’s a game-changer in the world of EV innovation, helping integrate transportation and energy systems in a smarter, more sustainable way.
Amber is also partnering with major European players, including utility giant E.ON and green energy retailer Ecotricity, to accelerate its growth and impact.
Smart Energy for a Resilient Future
Amber’s expansion comes at a time when Europe is focused on clean, decentralized energy solutions to strengthen its energy security. With its smart grid technology and EV-focused software, Amber is ready to help European households take control of their energy use—and even profit from it.
“In the future, homes won’t just use energy—they’ll manage and trade it,” said Genieser. “Amber is helping lead that transformation.”
