Einride, the Swedish start -up known for its unusual electric and autonomous lobe designed to carry goods, said on Wednesday that it has raised $ 100 million from several new and existing investors, including the largest shareholder of EQT Ventures.
The increase included an unpaid strategic investment from the Quantum Computing Company Ionq. Neither Einride nor its investors revealed the company’s valuation after money.
Funding comes as the Einride is adapted to a new CEO and tries to escalate its three business products: large -scale electric platforms, a stand -like POD -like trucks that are designed for loads and software designed for loaders. Einride Roozbeh Charli’s chief executive said funding would allow the company to grow with its customer base and accelerate the development of autonomous goods technology.
The company, founded in 2016, started in Sweden with a mission to disrupt the Electric Truck Industry Industry, then with electric autonomous lobes, which are made with the steering wheel or pedals for self-leading.
Einride has expanded beyond Sweden and is exploiting a fleet of heavy duty trucks in Europe, North America and UAE, for companies such as Pepsico, Carlsberg Sweden and DP World. The company has made some raids with Apotea POD autonomous trucks in Sweden and GE devices in the United States.
“We believe that Einride is building the most complete and progressive market ecosystem on the market today,” said Ted Persson, an EQT Ventures associate. “Scandinavian technology has the habit of being underestimated until a whole industry is quietly repeated. This is exactly what makes einride in the load.”
Still, Einride has undergone internal changes and has fought – along with the rest of the autonomous vehicle technology sector – with the long and expensive process of transportation to commercial businesses.
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Five months ago, co -founder Einride Robert Falck abandoned the role of CEO and assumed the executive chairman of the Board of Directors to focus on the company’s long -term strategy. Charli, who was a CFO, was promoted to the top leadership position.
The company previously raised $ 500 million in 2022 in a round of shares and debt of the C. It also secured $ 300 million in debt funding led by Barclays Europe.
