Endera, an Ottawa, OH-based technology and manufacturing company which specializes in the electric bus market, raised $49M in its latest funding.
The round included:
- a $36M equity investment led by Magnetar, with participation from Pulse Fund and Pritchard Auto Company;
- a $13M credit facility.
The company intends to use the funds to scale manufacturing of its electric shuttle and school buses, expand its product line, and create new American jobs at its production facility in Ohio.
Led by CEO and Founder John Walsh, Endera offers fully customizable ICE and EV shuttles and school buses to achieve reliability, safety, and quality, along with a proprietary powertrain that achieves the longest range and fastest charge time available. It has coupled this with an in-house fleet management software that features real time insights tailored to the transit sector, which includes a rider app and streamlined service response in one integrated platform.
To date, the company has delivered the largest deployment of electric shuttles at a US airport and has been selected as a low-bid vendor for the CalAct contract.
FinSMEs
11/02/2025