Amber Electric Pty Ltd announced that it has received AUD 29 million in an oversubscribed round of funding led by new investor, Gentrack Group Limited for AUD 12 million on January 31, 2024. The transaction included participation form new investor, Rubio Impact Ventures, returning investors, National Roads and Motorists' Association Limited, Alberts Impact Capital, Square Peg Capital Pty. Ltd., CSIRO Financial Services Pty.

Ltd., Startmate, and Commonwealth Bank of Australia, Investment Arm.