Ember raises £11m in Series A funding to expand its electric bus network
The round was co-led by Inven Capital, 2150, and AENU to accelerate fleet expansion and software development.
Ember operates a fully electric intercity bus network and proprietary management software.
Ember, an Edinburgh-based electric intercity bus operator, has secured £11m in a Series A financing round. The investment was co-led by Inven Capital, 2150, and AENU, with additional participation from existing backers Pale Blue Dot and Gareth Williams.
The capital will be directed towards expanding the company fleet of electric buses and further developing EmberOS, the proprietary software platform that manages network operations and scheduling. Founded in 2020, the company combines high-utilisation passenger transport with dedicated charging infrastructure to reduce emissions on long-distance routes.
From the founder
"Travelling by bus or coach doesn’t have to be rubbish. It should be possible to deliver an experience that beats a car – because someone else is doing the driving so you can have your time back – but that requires a relentless focus on the passenger experience. Things like live tracking that actually works, super-simple pricing, easy ticket changes and near-perfect reliability."
Keith Bradbury
Co-founder at Ember
Investor perspective
"Inven Capital is excited to co-lead Ember’s financing round alongside 2150 and AENU, and to join other great existing investors. We have been impressed with both Keith and Pierce as founders and as visionaries of the future of shared transportation. Our commitment to the Company underscores our belief in their customer-centric and innovative approach to electrification and digitalisation across the business. Their decision to fundamentally link their smart infrastructure design, assets and technology platform enables unparalleled optimisation, as well as visibility and data-evidenced insights that gives clean transportation a clear advantage over incumbent solutions. We are excited to be a part of Ember’s mission of revolutionising transportation,"
Daniel Edgerley
Investment Director, Inven Capital
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
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About the company
Ember
Ember builds and operates a zero-emission intercity bus network.