Ambri

Ambri

Ambri is an early stage company commercializing a low cost energy storage solution, known as the Liquid Metal Battery.

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$7.4m

Valuation: $720m

Late VC
Total Funding000k
More about Ambri
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Ambri is a startup that operates in the energy storage sector, specifically focusing on the development and deployment of its proprietary Liquid Metal battery technology. This technology is designed to revolutionize the way power grids operate, increasing the contribution of renewable energy sources and reducing the need for traditional power plants.

Ambri's batteries are built to withstand daily cycling, even in harsh environments, and have a lifespan of over 20 years. They are also safe, producing no gases and having no risk of thermal runaway. This makes them a reliable and sustainable choice for energy storage.

The company's business model revolves around providing a cost-effective solution for long-duration energy storage. This technology allows for the shifting of renewable energy to times of high demand, lowering both capital expenditure (CapEx) and operational expenditure (OpEx) compared to lithium-ion batteries.

Ambri's batteries are designed to store energy from renewable sources like solar and wind farms, replacing the need for coal, oil, and natural gas peaker plants. They can store energy when it's not needed and discharge it when demand is high, helping to stabilize the grid and reduce dependency on carbon-emitting generation.

The company's target clients include large-scale renewable energy producers and power grid operators. Ambri's batteries are also ideal for providing ancillary services, as they perform best when cycled daily. Notably, Ambri was selected by Microsoft as part of its commitment to be carbon negative.

In summary, Ambri is a promising startup in the energy storage sector, offering a unique and sustainable solution for long-duration energy storage that can help increase the use of renewable energy and reduce carbon emissions.

Keywords: Energy Storage, Renewable Energy, Power Grids, Battery Technology, Sustainable, Long-Duration Storage, CapEx and OpEx Reduction, Grid Stabilization, Ancillary Services, Carbon Reduction.

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