On September 5, 2023, Ambient Photonics, a pioneer in low-light energy harvesting technology for connected devices, announced that it 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 participated in the funding raise. Wilson Sonsini Goodrich & Rosati advised Ambient Photonics on the transaction.

Ambient will use the funding to expand its manufacturing capabilities and drive mass-market adoption of its proprietary low-light energy harvesting technology. The technology replaces disposable batteries in connected devices, keyboards, mouses, and remotes.

The Wilson Sonsini team that advised Ambient on the transaction included Seth Helfgott, Matthew Quadrini, Reilly Clark, and Angela Chan.

For more information, please see Ambient Photonics’ press release.