Ambri
Industrial Machinery & Equipment · Massachusetts, United States · 11-50 Employees
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Overview
Headquarters
53 Brigham St Unit 8, Marlborough, Massa...Phone Number
(617) 714-5723Website
www.ambri.comRevenue
$15.1 MillionIndustry
ZI Rank: 1
Signal Type
Dec
Jan
Feb
Mar
Apr
May
ZI Rank
3
2
1
1
1
1
About Ambri
Ambri specializes in long-duration energy storage solutions through its innovative Liquid Metal battery technology, which enhances the integration of renewable energy into power grids. The company targets utility providers and large-scale renewable energy projects, offering a sustainable and cost-effective alternative to traditional energy storage systems. Ambri's batteries are designed for reliability and safety, with a lifespan exceeding 20 years and minimal degradation. Their solutions aim to facilitate energy shifting, capacity firming, and renewable integration, ultimately reducing dependency on fossil fuels.Explore more
Ambri Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Ambri
$15.1M
11-50
Private
$194M
2010
JC
Jianyi CuiVice President, Technical Services & Senior Principal & Scientist
Company Profile Activity
Activity Insights
Ambri is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Ambri is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Ambri.
Ambri financials insights
Gather financial insights about Ambri, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2012
Series B
$15M
2014
Series C
$35M
2021
Unspecified
$144M
Ambri Tech Stack
A closer look at the technologies used by Ambri
Most Recent Scoops
Event
Person-Based
Product Marketing, Events, Storage, Sales, Learning & Development, Field /Outside Sales, Business Finance, Energy / Power, Field Marketing, Finance, HR Operations
Promotion
Executive Move
Ambri has announced that Steve Keches has been promoted from Supply Chain Senior VP, Operations to the role of Chief Operating Officer.
Promotion
Executive Move
Ambri has announced that David Bradwell has been promoted from Co-Founder & Chief Technology Officer to the role of Chief Executive Officer.
Pain Point
Pain Point, Bankruptcy
Layoffs
Layoffs
Ambri News & Media
Liquid metal startup Ambri back in business after Chapter 11 bankruptcy
Ambri, the MIT-spinoff commercialising a liquid metal battery for stationary storage applications, looks set for a fresh start.Ambri Successfully Completes Sale and Emerges from Chapter 11
MARLBOROUGH, Mass.--(BUSINESS WIRE)--Ambri, the provider of long-duration Liquid Metal™ battery storage systems, today confirmed the closing of the sale of its assets in accordance with Section 363 of the Bankruptcy Code to a consortium of its lenders (the "Lender Consortium"), on July 31, 2024. The Lender Consortium’s bid was selected following a competitive sale process. Earlier this year, Ambri’s board, management and its lenders determined that a court-supervised 363 sale process was the beAmbri Gets OK For Ch. 11 Loan, Sale Plans After Creditor Deal - Law360
A Delaware bankruptcy judge on Wednesday approved $5.75 million in Chapter 11 financing for Ambri Inc. and set the battery startup on the path for a July asset sale after hearing the company had reached a deal with its unsecured creditors.Bill Gates-Backed Battery Tech Company Files For Bankruptcy Amid 9% Decline In Energy ...
Ambri Inc., a Massachusetts-based company specializing in battery technology and supported by prominent investors such as Bill Gates, has filed for Chapter 11 bankruptcy protection. The company, under a stalking horse purchase agreement, aims to secure higher bids to fund its operations during the sale process, expected to conclude by July 2024. "Ambri continues to make progress on advancing cell technology into its 3rd generation and moving towards its objective of establishing a commercial bus
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Frequently Asked Questions Regarding Ambri
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Ambri specializes in long-duration energy storage solutions through its innovative Liquid Metal battery technology, which enhances the integration of renewable energy into power grids. The company targets utility providers and large-scale renewable energy projects, offering a sustainable and cost-effective alternative to traditional energy storage... Read More
