Amber Solutions, the Silicon Valley company that makes a patented solid-state architecture that replaces mechanical circuits in outlets and switches to help transform them into controllable smart home devices, has announced it raised more than $8.5 million in its 2020 series B funding round.
According to Amber Solutions’ founder and CEO Thar Casey, the company’s progress in 2020 is all the more remarkable given the challenges posed to the business by the COVID-19 pandemic and related lockdowns that prevented most, if not all, in person product demonstrations.
“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,” Casey says. “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 was able to secure 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 Solutions also won several awards, including a BIG Innovations 2021 Award winner, a CES 2021 Innovations Award honoree, and is currently a 2021 Edison Award nominee.
Amber Solutions‘ core innovation is a programmable solid-state power system and it eventually aims to produce a smaller silicon chip version. Amber’s system controls the flow of electricity digitally, enabling integration of smart home intelligence into building electrical products and infrastructure. The solution replaces the 1970’s era electro-mechanical components that are used in nearly all modern electrical infrastructure products.
“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,” Casey adds. “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.”