Startup closes funding for programmable solid-state power system
US startup Amber Solutions has raised $8.5m for its solid-state power technology development.
Amber’s core innovation is a programmable solid-state power system that has a clear path to an even-smaller silicon chip version. The system controls the flow of electricity digitally, enabling integration of modern intelligence into building electrical products and infrastructure.
The California-based company has raised a total of $11.2m with $5.5m raised back in September.
“2020 presented a challenging business climate, but our commitment to revolutionize the world’s building electrical infrastructure helped Amber enter 2021 with increased investment, new patents, as well as multiple industry award wins and nominations,” said Thar Casey, CEO and founder of Amber. “Amber’s progress is a sign of the accelerating demand from major electrical product manufacturers for solid-state electrification technologies and its ability to completely disrupt and transform the enormous global market for electrical products and services.”
The company securied patents related to a digital AC-DC Enabler, an AC switch, a digital method to sense ground faults, and super-efficient LED light fixtures in 2020.
“Amber’s patents and innovations are rapidly driving demand for the development of intelligent solid-state based products including two-wire dimmer switches, ultra-efficient commercial LED light fixtures, smart light switches, smart outlets, smart circuit breakers, and more,” said Casey. “Based on heightened industry interest, growing investments and ever-increasing energy efficiency goals around the globe, we believe 2021 will be the year solid-state electrification moves from validation to commercialization and mainstream productization.”
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