Ember raised £11 million in a Series A round led by Inven Capital and 2150 to expand its all-electric intercity bus network across the UK.

Mar 26, 2024•over 1 year ago

Amount Raised

$14 Million

Round Type

series a

EdinburghTransportation

Investors

AenuInven Capital

Description

Ember, a Scottish company building the UK’s first all-electric intercity bus network, has raised £11 million in a Series A funding round. The funding will support the company's expansion plans across Scotland and the broader UK market, with a focus on fleet development, manufacturing, and charging infrastructure.

Company Information

Company

Ember

Location

880 Hampshire Road, Suite C

Edinburgh, Midlothian, United Kingdom

About

On the cold chain front, the company alluded to the forthcoming arrival of its “first self-refrigerated, cloud-based shipping box.” “To date, Ember has over 129 granted patents surrounding temperature control, data, and connectivity. Seems Ember is now ready to start making good on that promise, courtesy of a new $23.5 million Series E that pushes its total funding to around $70 million.

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