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Ambri - About the company

Ambri is a series D company based in Marlborough (United States), founded in 2010 by Donald Sadoway and Luis Ortiz. It operates as a Manufacturer of liquid metal battery systems for grid energy storage. Ambri has raised $222M in funding from investors like Paulson & Co, Fortistar and KLP. The company has 222 active competitors, including 57 funded and 15 that have exited. Its top competitors include companies like Northvolt, Form Energy and Amperehour Solar Technology.

Company Details

Manufacturer of liquid metal battery systems for grid energy storage. These systems provide energy shifting and capacity firming for electrical grids. The technology utilizes electrode materials that allow for daily cycling and long operational life. The battery design is modular and recyclable, intended to support the integration of renewable energy sources into power infrastructure. The systems function without the need for cooling or fire suppression equipment.
Website
ambri.com
Social
X
Registered Address
Marlborough, Massachusetts
Key Metrics
Founded Year
2010
Location
Marlborough, United States
Stage
Series D
Total Funding
$222M in 6 rounds
Latest Funding Round
Ranked
Employee Count
56 as on Jul 31, 2026
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Ambri's funding and investors

Ambri has raised a total funding of $222M over 6 rounds. Its first funding round was on May 2011. Ambri has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Ambri:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 01, 2024
9198043
Series D
1269174
7512618
5602264
9667012
Aug 09, 2021
9876655
Series D
9406789
5785804
8544518
Dec 28, 2018
7441790
Series C
1076824
8614600
1043916
3929903
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Ambri's founders and board of directors

Founder? Claim Profile
The founders of Ambri are Donald Sadoway and Luis Ortiz.
Here are the details of Ambri's key team members:

Ambri's employee count trend

Ambri has 56 employees as of Jul 26. Here is Ambri's employee count trend over the years:
Employee count trend for Ambri
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Ambri's Competitors and alternates

Top competitors of Ambri include Northvolt, Form Energy and Amperehour Solar Technology. Here is the list of Top 10 competitors of Ambri, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Northvolt
Northvolt
Sweden, Acquired
Manufacturer of lithium-ion batteries for electric vehicles
$9B
75/100
2nd
Logo for Form Energy
Form Energy
2017, Somerville (United States), Series F
Clean energy technology platform developing long-duration iron-air battery systems
$1.22B
71/100
3rd
Logo for Amperehour Solar Technology
Amperehour Solar Technology
2017, Pune (India), Series A
Provider of energy storage systems and energy management platform solutions
$7.45M
68/100
4th
Logo for VFlow Tech
VFlow Tech
2018, Singapore (Singapore), Series A
Manufacturer of vanadium redox flow batteries for energy storage systems
$33.5M
65/100
5th
Logo for Hydrostor
Hydrostor
2010, Toronto (Canada), Series D
Developer of advanced compressed air energy storage for grid applications
$565M
64/100
6th
Logo for PowerX
PowerX
2021, Minato (Japan), Public
Manufacturer of stationary battery storage systems and related energy services
$112M
64/100
7th
Logo for Noon
Noon
2018, Palo Alto (United States), Series A
Provider of solutions for flow batteries
$31M
64/100
8th
Logo for Verlume
Verlume
2013, Inverurie (United Kingdom), Series A
Manufacturer of subsea battery systems and intelligent energy management technology
$12.3M
62/100
9th
Logo for Renewable Iron Fuel Technology
Renewable Iron Fuel Technology
2020, Eindhoven (Netherlands), Series B
Developer of iron fuel technology for industrial heat decarbonization
$111M
61/100
10th
Logo for KORE Power
KORE Power
2018, Idaho Falls (United States), Acquired
Developer of battery cells, energy storage systems, and e-mobility solutions
$75.1M
61/100
24th
Logo for Ambri
Ambri
2010, Marlborough (United States), Series D
Manufacturer of liquid metal battery systems for grid energy storage
$222M
52/100
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Ambri's Investments and acquisitions

Ambri has made no investments or acquisitions yet.

Reports related to Ambri

Here is the latest report on Ambri's sector:

News related to Ambri

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Firm Retention Summary: AmbriThe Wall Street JournalMay 21, 2024Ambri, Goodwin
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