Ottawa, Ohio — December 2025 — Endera, a leading U.S. manufacturer of electric and specialty vehicles, today announced an investment from The O.H.I.O. Fund, a private investment firm focused on supporting high-growth companies across Ohio. The investment joins capital from Magnetar and Pulse Fund, among others, and will support Endera’s continued growth, manufacturing expansion, and fleet electrification efforts.

Headquartered in Ottawa, Ohio, Endera has quickly established itself as a growing leader in the electric bus market while continuing to serve the traditional specialty bus market through its internal combustion engine (ICE) product line. The company’s vertically integrated manufacturing model allows Endera to design, engineer, and build its vehicles in the United States.

“We are proud to have the support of The O.H.I.O. Fund and our investment partners as we enter our next phase of growth,” said John Walsh, CEO and Founder of Endera. “This investment will help us expand production, strengthen our Ohio operations, and deliver more reliable, American-made electric vehicles to transit agencies and school districts across the country.”

The O.H.I.O. Fund’s investment reflects its commitment to supporting companies that are building scale and creating jobs in Ohio.

“We are excited to partner with Endera as they continue to grow their manufacturing operations and advance electric transportation in Ohio,” said Mark Kvamme, CEO of The O.H.I.O. Fund. “Endera represents the type of innovative, high-growth Ohio company we are proud to support.”

The investment will help Endera expand its manufacturing capabilities, increase production capacity, and continue delivering zero-emission transportation solutions to customers nationwide.

About The O.H.I.O. Fund

TOF Manager, LLC dba The O.H.I.O. Fund is a private investment firm focused on investing in and partnering with innovative companies and entrepreneurs across Ohio. The firm’s investment strategy supports high-growth businesses in sectors including advanced manufacturing, biotech, real estate, infrastructure, and other industries where Ohio has a competitive advantage.

About Endera

Endera is a U.S.-based specialty vehicle manufacturer specializing in electric shuttle buses and specialty school buses. The company designs and manufactures its vehicles in the United States, combining advanced electric vehicle technology with proven manufacturing capabilities. Endera serves transit agencies, municipalities, schools, and commercial fleets across the country. For more information, visit enderamotors.com.