Tech Company Financing Transactions

Ambri Funding Round

On 8/11/2021, Ambri secured $144 million in funding from Paulson & Co., Reliance Technology Ventures Limited and Fortistar.

Transaction Overview

Company Name
Announced On
8/11/2021
Transaction Type
Venture Equity
Amount
$144,000,000
Round
Undisclosed
Investors

Paulson & Co. (Lead Investor) (John Paulson)

Reliance Technology Ventures Limited (Lead Investor) (Mukesh Ambani)

Fortistar (Mark Comora)

Goehring & Rozencwajg Associates

private investors (William Gates)

Japan Energy Fund

Proceeds Purpose
Ambri will use the proceeds from this fund raise to design and construct high-volume manufacturing facilities in the U.S. and internationally that will supply its long-duration battery systems to meet the growing demand from the grid-scale energy storage market and large industrial energy customers, such as data centers.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
53 Brigham St. 8
Marlborough, MA 01752
USA
Email Address
Overview
Ambri is an early-stage company commercializing an innovative grid-scale electricity storage technology called the Liquid Metal Battery.
Profile
Ambri LinkedIn Company Profile
Social Media
Ambri Company Twitter Account
Company News
Ambri News
Facebook
Ambri on Facebook
YouTube
Ambri on YouTube

Management Team

Title
Name
Email & Social
Chairman
Daniel Leff
  Daniel Leff LinkedIn Profile  Daniel Leff Twitter Account  Daniel Leff News  Daniel Leff on Facebook
Chief Scientific Officer
Donald Sadoway
  Donald Sadoway LinkedIn Profile  Donald Sadoway Twitter Account  Donald Sadoway News  Donald Sadoway on Facebook
Chief Technical Officer
David Bradwell
  David Bradwell LinkedIn Profile  David Bradwell Twitter Account  David Bradwell News  David Bradwell on Facebook
Co-Founder
Donald Sadoway
  Donald Sadoway LinkedIn Profile  Donald Sadoway Twitter Account  Donald Sadoway News  Donald Sadoway on Facebook
VP - Bus. Development
Adam Briggs
  Adam Briggs LinkedIn Profile  Adam Briggs Twitter Account  Adam Briggs News  Adam Briggs on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/11/2021: FalconX venture capital transaction
Next: 8/11/2021: FireHydrant venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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