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Announced

Completed

Amazon via its Climate Pledge Fund led a $31m Series A round in Ambient Photonics.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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internet of things

Private

Minority

Friendly

Acquisition

Private Equity

Single Bidder

United States

Energy Efficiency

Domestic

Digital Services

Venture Capital

Completed

Electronics Energy

Synopsis

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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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