Endurance Motive manufactures lithium-ion batteries for industrial electromobility, naval applications and last-mile vehicles. The company has deployed its battery technology in industrial vehicles from Linde, Mitsubishi, Toyota, Still, Hyster and Yale. It plans to enter the naval and urban mobility sectors and is part of the Alianza Valenciana de Baterías initiative to develop a gigafactory and R&D centre in the Valencian Community. Endurance Motive has commercial presence in France, Germany and Mexico and is studying expansion into the UK and Italy. The company closed 2020 with €2.3 million in revenue and its founders said they expect to finish the year around €5 million in turnover. It is preparing a listing on BME Growth.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2021