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
- 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
Investors
Ranked
24th among 222 active competitors
Employee Count
56 as on Jul 31, 2026
Similar Companies
Legal entities associated with Ambri
Ambri is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Ambri Inc CIN: 273220023 , United States, Active | - | 70 (As on Dec 31, 2023) | - |
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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:
Filter 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 |
View details of Ambri's funding rounds and investors
Ambri's founders and board of directors
Founder? Claim ProfileThe founders of Ambri are Donald Sadoway and Luis Ortiz.
Here are the details of Ambri's key team members:
- Donald Sadoway: Former Co-Founder & CSO of Ambri.
- Luis Ortiz: Co-Founder of Ambri.
View details of Ambri's Founder profiles and Board Members
Ambri's employee count trend
Ambri has 56 employees as of Jul 26. Here is Ambri's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of lithium-ion batteries for electric vehicles | $9B | 75/100 | ||
2nd | Form Energy 2017, Somerville (United States), Series F | Clean energy technology platform developing long-duration iron-air battery systems | $1.22B | 71/100 | |
3rd | Amperehour Solar Technology 2017, Pune (India), Series A | Provider of energy storage systems and energy management platform solutions | $7.45M | 68/100 | |
4th | VFlow Tech 2018, Singapore (Singapore), Series A | Manufacturer of vanadium redox flow batteries for energy storage systems | $33.5M | 65/100 | |
5th | Developer of advanced compressed air energy storage for grid applications | $565M | 64/100 | ||
6th | Manufacturer of stationary battery storage systems and related energy services | $112M | 64/100 | ||
7th | Noon 2018, Palo Alto (United States), Series A | Provider of solutions for flow batteries | $31M | 64/100 | |
8th | Verlume 2013, Inverurie (United Kingdom), Series A | Manufacturer of subsea battery systems and intelligent energy management technology | $12.3M | 62/100 | |
9th | Renewable Iron Fuel Technology 2020, Eindhoven (Netherlands), Series B | Developer of iron fuel technology for industrial heat decarbonization | $111M | 61/100 | |
10th | KORE Power 2018, Idaho Falls (United States), Acquired | Developer of battery cells, energy storage systems, and e-mobility solutions | $75.1M | 61/100 | |
24th | Ambri 2010, Marlborough (United States), Series D | Manufacturer of liquid metal battery systems for grid energy storage | $222M | 52/100 |
Looking for more details on Ambri's competitors? Click here to see the top ones
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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Ambri has filed a notice of an exempt offering of securities to raise $7,357,067.00 in New Equity Investment.intelligence360•Sep 17, 2024•Ambri
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Bill Gates-backed tech company seeks Chapter 11 bankruptcy saleThe Street•May 08, 2024•Ambri, Gates Family Foundation, Paulson & Co
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Ambri Achieves UL 1973 Certification for Its Next Generation Liquid Metal™ Battery CellsBusiness Wire•Aug 08, 2023•Ambri
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Ambri Deploys Liquid Metal™ Battery System for Microsoft, Continuing Progress Toward CommercializationBusiness Wire•Sep 14, 2022•Ambri, Microsoft
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US utility to demonstrate liquid metal long-duration storage at solar test sitepv magazine•Aug 29, 2022•Xcel Energy, Ambri
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Ambri gets UL 1973 safety certification for liquid metal battery storage techEnergy-Storage•Jul 22, 2022•Ambri
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