Sweden-based freight tech innovator Einride has raised $100 million, according to a report from Yahoo Finance. The funding will accelerate the deployment of its autonomous and electric freight solutions while expanding its global footprint.
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The funding round drew participation from existing investors, including EQT Ventures, a West Coast-based asset manager, and a strategic investment from quantum computing leader IonQ. CEO Roozbeh Charli described the company’s offering as a “complete and forward-looking freight ecosystem,” combining one of the world’s largest fleets of heavy-duty electric trucks with its proprietary Saga planning platform.
“I am excited and proud of the continued trust our investors have placed in us,” said Charli. “This funding allows us to grow with our customer base and accelerate the deployment of our autonomous freight technology. It’s a strong signal of confidence in both our team and our unique position in the market.
” Ted Persson, partner at EQT Ventures, stated, “We believe Einride is building the most complete and forward-looking freight ecosystem on the market today. Nordic tech has a habit of being underestimated, until it quietly rewires an entire industry. That’s exactly what Einride is doing in freight.
” The investment follows a year of strong momentum for the company, including a doubling of net sales in 2024, expansion into Austria and the UAE, and partnerships with global shippers across Europe and North America. Most recently, the company completed the world’s first cableless autonomous border crossing, with no human driver in the truck, between Norway and Sweden.
