Xendee Raises $12M Series A Financing to Deploy Net-Zero Distributed Energy Systems and Ultra-Fast EV Chargers

Xendee Corporation announced that it has raised $12M in Series A financing to increase the company’s Net-Zero DER and ultra-fast Electric Vehicle (EV) charging platform deployments.

Anzu Partners led the round, with additional financing from TravelCenters of America Inc., the nation's largest publicly traded full-service travel center network, Evergy Ventures, the non-regulated investment arm of Evergy, Inc., and Surlamer Investments.

“We are pleased to announce new financing from these strategic investors and partners that will help increase Xendee’s market presence and accelerate the global adoption of alternative energy systems needed to achieve superior business outcomes and net-zero carbon emissions goals,” said Adib Naslé, CEO and Co-Founder of Xendee. “We look forward to working closely with our new partners to improve the adoption, delivery, and operation of reliable clean energy systems worldwide.”

“At TA, we are strongly committed to sustainability and alternative energy,” said Jon Pertchik, Chief Executive Officer of TravelCenters of America. “The nation needs a viable infrastructure to increase the adoption of sustainable fuels, and TA’s investment in Xendee reflects our ongoing commitment to this goal. By using an optimized solar-powered microgrid, Xendee is developing a powerful and publicly accessible electric truck charging source that is ideal for use at travel centers. We believe it could serve as a blue-print for deployment and operation of Net-Zero EV fast charging stations nationwide.”