Marlborough, MA – According to filings with the U.S. Securities and Exchange Commission, Ambri is raising $149,411,093.00 in new funding. Sources indicate as part of senior management President, Daniel Leff played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Ambri
Ambri is an early stage company commercializing a low cost energy storage solution, known as the Liquid Metal Battery (LMB). Ambri will change the way electric grids are operated worldwide by enabling the more widespread use of renewable generation like wind and solar, reducing power prices and increasing system reliability. Ambris LMB technology was invented in the lab of Dr. Donald Sadoway, a professor at the Massachusetts Institute of Technology. The research on campus has been supported by the DOEs ARPA-E program, the French energy company Total, the Deshpande Center, and the Chesonis Family Foundation. Ambri was founded in 2010 with the goal of commercializing the technology. Ambris investors include Khosla Ventures, Bill Gates, Total, KLP Enterprises and GVB.

To learn more about Ambri, visit http://ambri.com/

Contact:
Daniel Leff, President
617-714-5723
dleff@ambri.com

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