AmberWave Systems

Salem, United States Founded: 1998 • Age: 28 yrs
Solar cell manufacturer
Annual revenue $19,722 Latest available
Total funding $94.9M 11 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Amberwave, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $19.72 K (USD)
    -4
    as on Dec 31, 2023
  • Net Profit
    -$2.87 K (USD)
    -27
    as on Dec 31, 2023
  • EBITDA
    Not available
  • Total Equity Funding
    $94.95 M (USD)

    in 11 rounds

  • Latest Funding Round
    $145 K (USD), Series E

    Feb 02, 2021

  • Investors
    Dow

    & 6 more

  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Lightweight, flexible solar modules for efficient energy generation in various applications.

Product name locked
Category locked
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High-performance, robust cells for commercial rooftops and portable power systems.

People of AmberWave Systems

Headcount 10-50
Employee Profiles 4
Board Members and Advisors 1
Employee Profiles
People
Allen Barnett
CTO
People
Bryan Lord
CFO
People
Mark Carroll
VP, Operations
People
Anthony Lochtefeld
CEO

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Board Members and Advisors
people
George C. McNamee
Chairman

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage VC investments are made in US tech companies.
Locked Locked Locked
Private equity firm
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Venture capital firm focused on life science companies
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Investor details for AmberWave Systems

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Investments & Acquisitions by AmberWave Systems

Investments
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Investment portfolio details for AmberWave Systems

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Financial Statements - AmberWave Systems

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Detailed financials for AmberWave Systems

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  • Profit trends
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Amberwave Systems Comparisons

AmberWave Systems Primary company
Description
Solar cell manufacturer
Location
Salem, United States
Founded Year
1998
Annual Revenue
$19.72 K (USD)
Net Profit
-$2.87 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for AmberWave Systems

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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.

Company Name Domain Founded year HQ Location Description
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Flexible perovskite solar cells are provided using hybrid halide materials.
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Solar cells are supplied for powering connected IoT devices.
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Provider of flexible silicon-based solar panels
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Crystalline silicon-based solar modules are manufactured for varied deployments.
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Perovskite solar films and capacitors are developed using microgroove technology.
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Developer and provider of solar modules
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Detailed competitors of AmberWave Systems

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Latest news on Amberwave Systems

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Complete news archive for AmberWave Systems

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Frequently Asked Questions about AmberWave Systems

AmberWave Systems was founded in 1998 and raised its 1st funding round 2 years after it was founded.

AmberWave Systems is headquartered in Salem, United States.

Anthony Lochtefeld is the current CEO of AmberWave Systems. They have also founded this company.

AmberWave Systems is a funded company, having raised a total of $94.95M across 11 funding rounds to date.

Annual revenue of AmberWave Systems is $19.72K as on Dec 31, 2023.

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.

AmberWave Systems's top competitors include Swift Solar, mPower Technologies and Power Roll.

AmberWave Systems offers Ultra-Thin Silicon (UTSi) Solar Cells and Solar Modules.

AmberWave Systems has 7 investors. Key investors include Dow, 3i Group, Arch Venture Partners, Military Health, and Adams Capital Management.

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