Australian smart energy technology developer, Amber, raised €25.6M in funding led by ETF Partners and supported by Dutch investor Rubio Impact Ventures.
Rubio Impact Ventures, known for investing in impactful entrepreneurs, sees potential in Amber's technology that enables smarter energy usage and interaction with the grid.
Funds will be utilized by Amber to expand operations in Europe where it has already signed deals with major utility companies and is working on its international strategy.
Amber's mission to shift the world to 100% renewables includes technology that empowers customers to optimize energy usage, with plans for a vehicle-to-grid capability in the future.