---
title: "Amber Electric Raises €49M Series E for European Expansion"
description: "Amber Electric raised a €49 million Series E led by Morgan Stanley Investment Management's 1GT strategy, with E.ON participating."
date: 2026-09-25T00:00:00.000Z
source: https://venturecapitaltracker.com/2026-amber-electric-49m-eur-series-e-1gt-eon
---

# Amber Electric Raises €49M Series E for European Expansion

> Amber Electric raised a €49 million Series E led by Morgan Stanley Investment Management's 1GT strategy, with E.ON participating.

**Amber Electric raised a €49 million Series E** on September 21, 2026. Morgan Stanley Investment Management's **1GT** climate strategy led the round, and European energy company **E.ON** participated.

The Australian company did not disclose a valuation.

## Deal terms

| Field | Detail |
| --- | --- |
| Company | [Amber Electric](/startup/amber-electric) |
| Financing | **€49M Series E** |
| Lead | Morgan Stanley Investment Management 1GT |
| Strategic participant | E.ON |
| Valuation | Not disclosed |
| Status | Investor announced |

## Why this financing matters

Amber combines retail electricity pricing with software that automates home batteries and flexible energy use. When wholesale prices are low, the system can charge; when prices rise, it can reduce grid consumption or export power.

The Series E is intended to support European expansion. E.ON's participation is strategically relevant because utilities bring customer access, market knowledge and the grid relationships required to scale distributed energy software.

## What requires attribution

Amber says it manages more than half of Australia's automated residential-battery market. That market-share figure is company-provided. The announcement does not disclose revenue, customer count, gross margin, ownership sold or the economics of the E.ON relationship.

## Bottom line

This is a confirmed **€49 million Series E** led by 1GT. The investment thesis is that household batteries can become coordinated grid assets—not merely backup equipment.

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 25, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.