GoldenGolden
Einride

Einride

A company designing and building autonomous electric transportation (AET) systems for freight and cargo.

Einride is a company designing and building autonomous electric transportation (AET) systems for freight and cargo that is headquartered in Stockholm, Sweden that was founded in 2016 by Filip Lilja, Linnéa Kornehed, and Robert Falck. The freight and cargo systems offered by Einride can be fitted with specialized modular trailers for pallets, timber, perishable goods, and other products needing to be shipped.

Funding
Seed

On July 12, 2018 Einride announced raising SEK 35 million in seed funding from Mikael Lindblom and other angel investors. The firm plans on using their seed funding to begin releasing their products on public roads starting in September 2018.

Series A

On October 10, 2019 Einride announced raising $25 million in series A funding from NorddicNinja VC (lead investor), EQT Ventures (lead investor), Plum Alley, Plug and Play, Norrsken Foundation, and Ericsson Ventures. The company plans on using their series A funding primarily to expand their operations in the United States. The CEO of Einride made the following statement regarding his company's series A funding:

Our ambition is to disrupt the transport industry, and closing our series A brings us one step closer to that goal. The funding will allow us to start expanding in the U.S., deliver on our technology road map, and to meet rapidly increasing customer demand.

Timeline

October 10, 2019
Einride raises a $25,000,000 series A round from EQT Ventures.
October 2019
Einride raises a $25,000,000 series A round from EQT Ventures, Ericsson Ventures, Honda, Japan Bank for International Cooperation, NordicNinja, Norrsken Foundation, Omron, Panasonic, Plug & Play Ventures / Startup Camp and Plum Alley.

Funding rounds

People

Name
Role
LinkedIn

Jared Sturge

Employee

Linnéa Kornehed

Founder

Rikard Steiber

Advisor

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Kirsten Korosec
May 10, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to [...]
Sophia Kunthara
May 6, 2021
Crunchbase News
Electric and autonomous freight tech company Einride has raised $110 million in a Series B round, the company announced Thursday.
Kirsten Korosec
May 6, 2021
TechCrunch
Einride, the Swedish startup known for its unusual-looking electric and autonomous pods that are designed to carry freight, has raised $110 million to help fund its expansion in Europe and into the United States. The Series B round, which far exceeds its previous raises of $10 million in 2020 and $25 million in 2019, included [...]
Jonathan Shieber
March 8, 2021
TechCrunch
Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl, by seeking additional capital, TechCrunch has learned. Einride is seeking $75 million in new financing, while at the same time exploring the potential for a public listing through a special purpose acquisition company, according to people with [...]
Brittany Chang
November 22, 2020
Business Insider
The Pod comes in four different variations with different uses. Two of the variants will be delivered to customers next year.
The Economist
October 20, 2020
The Economist
It is ready to start earning a living
Darrell Etherington
April 7, 2020
TechCrunch
Autonomous electric transportation startup Einride has taken a key step in its mission to deploy autonomous cargo pods on roads for commercial operations. The Swedish startup demonstrated its technology in use with one person remotely operating two pods at once, which is a fundamental part of their vision of multiple pods ultimately being overseen by [...]
Andrii Degeler
December 18, 2019
Tech.eu
In this podcast episode, we've talked to Robert Falck, co-founder and CEO at Einride, and Rudi Skogman, co-founder and CEO at Blok and former Chief of Investor Operations at Slush.

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.