Ambri logo

Ambri

Marlborough, Massachusetts, USA Energy Acquired

Ambri develops liquid metal battery technology for long-duration grid-scale energy storage. The company's proprietary battery architecture uses molten metal electrodes separated by a molten salt electrolyte, designed to operate at high temperatures (~500°C) and enable grids powered by up to 90% renewables. Founded by MIT researchers, Ambri targets daily cycling applications for utility-scale storage with projected costs of $21/kWh by 2030.

Acquired

Ambri has been acquired

Acquired by Ambri Acquisition, LLC July 31, 2024 $9.5M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Total Funding

$200.9M

6 rounds

Funding

Total raised $200.9M across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Bridge / DIP financing

Date

August 2024

Amount

Not disclosed

Valuation

Lead Investors

Gates FrontierPaulson & CoFortistar
DateRoundAmount RaisedValuationLead Investors
August 2024 Bridge / DIP financing Not disclosed Gates Frontier, Paulson & Co, Fortistar
Series F (rumored - failed) Not disclosed Not disclosed
August 2021 Series D / E $144M Reliance New Energy Solar

Prominent Investors

Paulson & Co. Inc. Fortistar Paulson and Co. Inc. Reliance New Energy Solar Ltd (RNESL) Bill Gates

Leadership

  • David Bradwell

    Chief Executive Officer and Co-Founder

    LinkedIn
  • Donald Sadoway

    Co-Founder

  • Luis Ortiz

    Co-Founder

Access live market data

Sign Up

Data collected with AI, which can make mistakes. Please double-check this information.