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🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

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Amber raises $78.5m to supercharge its international leadership in battery automation

Amber, an Australian home battery automation company, has secured a Series E round led by Morgan Stanley's 1GT climate fund, with earlier backers taking part, to support local growth and European expansion.

Home battery automation champion raises $78.5 million towards local growth, global expansion

Energy retailer Amber has closed an oversubscribed $78.5 million round led by Morgan Stanley's 1GT fund, with existing backers participating, to add vehicle-to-grid capability and expand into Europe.

Also Business News Australia·Dealroom·Forbes Australia·Cut Through Venture·Startup Daily·This Week in Australian Startups·Dynamic Business

Amber: Investment Notes

Virescent Ventures announces it has invested in Amber, an Australian retailer letting home battery owners buy and sell power at wholesale rates, citing its customer base and overseas utility partnerships.

Renewables focused retailer Amber raises $45m in bid to accelerate global expansion and V2G

Amber Electric, a Melbourne electricity retailer, has banked $45 million from ETF Partners and returning backers to fund overseas expansion and vehicle-to-grid technology.

Also Forbes Australia·Dealroom

Amber charges up on $45 million raise

Energy retailer Amber has raised $45 million in a round led by ETF Partners to grow its home-battery and EV automation business overseas, having bought charging app Charge HQ earlier this year.

Also Startup Daily

Amber closes $45 million funding round

Amber, the home battery automation company, has banked a $45 million round led by ETF Partners alongside Square Peg, Gentrack, Rubio Impact Ventures and Breakthrough Victoria; co-founder Dan Adams talks growth and overseas licensing.

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Fortescue to fund new solar factory as it lays bet on thin-film solar

Fortescue Future Industries and Dutch fund Teslin Participates have provided undisclosed growth capital to thin-film solar maker Hyet Solar to speed up a Netherlands factory; the piece also recalls FFI's 2021 majority stake purchase.