Einride secures $500M financing package

Dec 7, 2022 · Funding · Einride · Logistics

Einride secured $500 million of financing across a $300 million debt facility and a $200 million Series C equity round.

Einride company media
Company media · Einride
  • Barclays Europe led the debt facility that formed the larger part of the financing package.
  • Equity participants included AMF, EQT Ventures, Northzone, Polar Structure, Norrsken VC and Temasek.
  • The financing supported autonomous and digital freight deployments and international expansion.

Einride develops and operates digital, electric and autonomous road-freight systems. Founded in Stockholm in 2016, the company combines cabless autonomous vehicles, electric trucks, charging infrastructure, remote operations and Saga AI transport-management software. Its customer base spans major shippers in Europe, the United States and the Middle East, with commercial deployments designed around complete freight networks rather than vehicle sales alone.