Ambri Raises $200M in Series F

Ambri has successfully raised $200M in a Series F at a $400M valuation led by Bill Gates, Khosla Ventures, Total Energy Ventures, Paulson & Co.

Company Overview

Ambri is a Energy Storage company headquartered in 840 Memorial Drive, Cambridge, MA 02139, founded in 2010 with 120+ employees.

Long-duration energy storage batteries

Fundraising Details

Amount Raised: $200M
Round Type: Series F
Valuation: $400M
Date: 2024-05-22
Investors: Bill Gates, Khosla Ventures, Total Energy Ventures, Paulson & Co

About Ambri

Long-duration energy storage batteries The company is positioned in the Energy Storage sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 840 Memorial Drive, Cambridge, MA 02139
Founded: 2010
Team Size: 120+
Industry: Energy Storage

What This Means

This funding round demonstrates strong investor confidence in Ambri's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Energy Storage sector continues to attract significant investment as companies innovate to meet evolving market demands. Ambri's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $400M valuation marks an important milestone for Ambri, positioning the company among notable players in the Energy Storage industry.

Looking Ahead

With this new capital, Ambri is well-positioned to execute on its growth strategy and continue building innovative solutions in the Energy Storage space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-05-22. For more information about Ambri, visit their headquarters at 840 Memorial Drive, Cambridge, MA 02139.