Amber Secured $78.5 Million for Battery Platform Growth
The Australian energy technology firm moved its base to the UK to scale residential battery automation internationally.
Updated on Oct. 4, 2026 in Energy
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Australian startup Amber raised $78.5 million in a Series E funding round led by 1GT to support the expansion of its residential battery automation platform. The company recently re-domiciled its operations from Australia to the United Kingdom.
Why it matters
The capital injection and corporate move enable Amber to scale its software-driven energy management beyond its initial Australian market. The expansion targets European energy sectors that rely on integrating distributed residential battery storage.
The Series E round totaled $78.5 million, equivalent to £41.47 million. The firm’s platform specializes in the automated control of residential battery systems.
The players
Amber
An energy technology company providing a residential battery automation platform.
1GT
An investment firm that led the Series E funding round for Amber.
Freeths
An Oxford-based law firm that advised on the re-domiciliation and funding transaction.
The details
Amber provides a platform that manages residential energy storage, allowing homeowners to automate battery discharge based on grid demand and pricing. The company executes these control workflows through software that interacts with hardware systems to optimize energy usage. This recent funding facilitated a complex cross-border reorganization to shift the company's legal home from Australia to the United Kingdom.
Timeline
2017: Amber was founded in Australia.
The Tech Race
Amber's pivot to the UK follows the European market's push for distributed energy resource management. The firm now positions itself to compete directly in a market defined by rapid residential battery integration.
Residential battery users in Europe will likely see increased availability of Amber's automation software as the company scales. The platform requires hardware-compatible home batteries to function.
The takeaway
Amber is transitioning from a localized Australian platform to an international energy software provider. Observers should track the company's expansion metrics across European grid operators to see if their automation software achieves the same efficiency benchmarks overseas.
Further reading
For more on how new software platforms are managing the grid, visit the Energy section.
Source note: This article includes information reported by Oxford Mail.
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