Ambient Photonics Raises $30M In Series A2 Funding: Propelling The Future Of Battery-Free Connected Devices
Sep 05, 2023•almost 2 years ago
Amount Raised
$30 Million
Round Type
series a
Investors
Cthulhu VenturesEcosystem Integrity FundI Squared CapitalRegenerationHelios Climate VenturesFidelityFine Structure Ventures
Description
Ambient Photonics, a pioneer in low-light energy harvesting technology for connected devices, has secured $30 million in a Series A2 funding round. The round was led by Fine Structure Ventures, affiliated with the parent company of Fidelity Investments, and included new investors Helios Climate Ventures, Regeneration.VC, and Sustainable Future Ventures. Existing investors I Squared Capital, Ecosystem Integrity Fund, and Cthulhu Ventures also joined the raise.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech