Announced
Completed
Financials
Tags
internet of things
Private
Minority
Friendly
Acquisition
Private Equity
Single Bidder
United States
Energy Efficiency
Domestic
Digital Services
Venture Capital
Completed
Electronics Energy
Synopsis
Amazon via its Climate Pledge Fund, an investment company, led a $31m Series A round in Ambient Photonics, an energy harvesting technology provider, with participation from Ecosystem Integrity Fund, Future Shape and I Squared Capital. “EIF invests in innovations that help industry leaders solve tough sustainability and business problems at scale. We believe Ambient has the potential to catalyze more sustainable systems across growing global industries, including consumer electronics, smart home and IoT. Ambient’s technology offers the first viable solution to cost-effectively power these devices with clean, renewable energy,” Sasha Brown, EIF Partner.
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