About AmberWave Systems
AmberWave Systems is a company based in Salem (United States) founded in 1998 by Anthony Lochtefeld.. AmberWave Systems has raised $94.95 million across 11 funding rounds from investors including Dow, 3i Group and Arch Venture Partners. AmberWave Systems offers products and services including Ultra-Thin Silicon (UTSi) Solar Cells and Solar Modules. AmberWave Systems operates in a competitive market with competitors including Swift Solar, Ambient Photonics, mPower Technologies, Merlin Solar and Power Roll, among others.
- Headquarter Salem, United States
- Founders Anthony Lochtefeld
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Sectors
TechnologyEnergy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Amberwave, Inc.
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Annual Revenue
$19.72 K (USD)-4as on Dec 31, 2023
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Net Profit
$-2.87 K (USD)-27as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$94.95 M (USD)
in 11 rounds
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Latest Funding Round
$145 K (USD), Series E
Feb 02, 2021
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Investors
Dow
& 6 more
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Employee Count
Employee Count
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Products & Services of AmberWave Systems
AmberWave Systems offers a comprehensive portfolio of products and services, including Ultra-Thin Silicon (UTSi) Solar Cells and Solar Modules. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Lightweight, flexible solar modules for efficient energy generation in various applications.
High-performance, robust cells for commercial rooftops and portable power systems.
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CTO Team
1 people
Finance and Accounting
1 people
Operations Team
1 people
Chairman Team
1 people
Leadership Team
1 people
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Funding Insights of AmberWave Systems
AmberWave Systems has successfully raised a total of $94.95M across 11 strategic funding rounds. The most recent funding activity was a Series E round of $145 thousand completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series E — $145,000
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First Round
First Round
(01 May 2000)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series E - AmberWave Systems | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - AmberWave Systems | Valuation |
investors |
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| Apr, 2017 | Amount | Series E - AmberWave Systems | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AmberWave Systems
AmberWave Systems has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Dow, 3i Group and Arch Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage VC investments are made in US tech companies.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Venture capital firm focused on life science companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AmberWave Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AmberWave Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amberwave Systems Comparisons
Competitors of AmberWave Systems
AmberWave Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Swift Solar, Ambient Photonics, mPower Technologies, Merlin Solar and Power Roll, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible perovskite solar cells are provided using hybrid halide materials.
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| domain | founded_year | HQ Location |
Solar cells are supplied for powering connected IoT devices.
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| domain | founded_year | HQ Location |
Provider of flexible silicon-based solar panels
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| domain | founded_year | HQ Location |
Crystalline silicon-based solar modules are manufactured for varied deployments.
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| domain | founded_year | HQ Location |
Perovskite solar films and capacitors are developed using microgroove technology.
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| domain | founded_year | HQ Location |
Developer and provider of solar modules
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AmberWave Systems
When was AmberWave Systems founded?
AmberWave Systems was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Where is AmberWave Systems located?
AmberWave Systems is headquartered in Salem, United States.
Who is the current CEO of AmberWave Systems?
Anthony Lochtefeld is the current CEO of AmberWave Systems. They have also founded this company.
Is AmberWave Systems a funded company?
AmberWave Systems is a funded company, having raised a total of $94.95M across 11 funding rounds to date. The company's 1st funding round was a Series E of $500K, raised on May 01, 2000.
What is the annual revenue of AmberWave Systems?
Annual revenue of AmberWave Systems is $19.72K as on Dec 31, 2023.
What does AmberWave Systems do?
AmberWave Systems was founded in 1998 and is based in Salem, United States. Operations focus on the manufacture of solar cells within the renewable energy sector. Development efforts are directed toward strained silicon technology, which improves the speed and efficiency of silicon chips. The company emerged from a prior subsidiary of US Robotics Corp, with a restructured entity formed after a 2010 closure.
Who are the top competitors of AmberWave Systems?
AmberWave Systems's top competitors include Swift Solar, mPower Technologies and Power Roll.
What products or services does AmberWave Systems offer?
AmberWave Systems offers Ultra-Thin Silicon (UTSi) Solar Cells and Solar Modules.
Who are AmberWave Systems's investors?
AmberWave Systems has 7 investors. Key investors include Dow, 3i Group, Arch Venture Partners, Military Health, and Adams Capital Management.
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