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Los Angeles EV maker Xos moves into new headquarters
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Sweden’s freight mobility provider Einride cruises into $110 million in Soros-backed Series B round
May 6th, 2021.
Sweden’s electric and autonomous freight mobility maker Einride has raised $110 million in a Series B round from new investors Temasek, Soros Fund Management, Northzone, Build Capital, and Maersk Growth. Existing investors EQT Ventures, Plum Alley, Norrsken VC, Ericsson, and NordicNinja VC also participated.
The $110 million is slated to scale up deployments to customers in Europe and the U.S.
Founded in 2016 by Robert Falck, Linnéa Kornehed, and Filip Lilja, Einride is tapping into a $4.2 trillion global market. According to studies, the market for freight trucking is estimated to continue climbing, reaching $5.5 trillion by 2027.
Austin Inno - Autonomous trucking company Einride to set up US headquarters in Austin after raising $110M
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
thoughtful and eloquent inaugural speech coming up on this friday, and he s going to be talking about what he was doing with immigration policy and what he plans to do in markets and creating jobs. right now this election is really about enough, and he s going to talk about what we are doing about health care and how he s going to repeal and replace at the same time. he s going to talk about how he is going to energize the technological innovation in this country, and because if we don t build that we won t build capital. we will look forward to that inaugural speech, but until then we have a few more days, and if donald trump continues with the pattern we will be adding to this list. oliver mcgee, thank you so much. thank you for having me this morning. sure. cnn is taking a look at ivanka trump s influence on business and now washington, and
loan. that s part of it u shep. especially since banks have tightened lending standards a lot in the wake of the financial crisis, during the financial bubble, banks were basically standing on street corners handing out cash to anybody with a pulse. their lending standards were very loose. but other reasons for the drop in loans outstanding could be a lot of consumers and businesses are repaying their debts or that banks are writing off more uncollectible debts. also regulators have been pressuring banks to preserve and build capital. that hurts lending. and it appears that some people and businesses just don t want to take on any more debt in this economy so there is less loan demands. shep? shepard: this report mentions other big problems that the banks are facing. there was bad news and good news in this fdic report. first, the number of banks in trouble on the fdic s problem list jumped to more than 700 in the fourth quarter from about 550 in the third quarter it won t reveal
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