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Austin Inno - Autonomous trucking company Einride to set up US headquarters in Austin after raising $110M

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.

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Autonomous trucking startup Einride raises $110M ahead of expansion into US

Autonomous trucking startup Einride raises $110M ahead of expansion into US
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Einride podRobert falck

Swedish self-driving start-up Einride raises $110m

06 May 2021 - 12:16 By Reuters The Einride Pod is an electric self-driving truck without a driver cabin. Image: Einride Swedish electric self-driving vehicle start-up Einride said on Thursday it has raised $110m (roughly R1.6bn) in its latest funding round, including new investments from Maersk s venture capital arm and Singapore state investor Temasek. This brings the total amount Einride has raised to $150m (roughly R2.1bn) and the fresh financing will be used to scale up deployments with the start-up s major customers in Europe and the US. The company has developed the Einride Pod, an electric self-driving truck without a driver cabin.

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Investors Pour Millions Into Einride And Hwy Haul As Freight Trucking Needs Explode

Investors Pour Millions Into Einride And Hwy Haul As Freight Trucking Needs Explode
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Sweden s Einride raises $110 mln to boost growth in Europe, US

Swedish startup Einride, developer and provider of electric and autonomous freight mobility technology, said it has raised $110 million Series B funding to scale up deployments with Einride’s major customer base in Europe and the United States. “The road freight market is at an inflection point, with consumer demand and regulation pushing shippers to look for sustainable alternatives,” said Jessica Schultz, General Partner at Northzone. Einride, whose existing customers include Coca-Cola, Oatly, Lidl and Electrolux, said the round was led by new investors Temasek, Soros Fund Management LLC, Northzone, Maersk Growth and Build Capita. “With our global reach and expertise, we want to act as a catalyst for the next generation of logistics power players, as an investor and as a partner,” said Jeppe Høier, Partner at Maersk Growth.

United statesJessica schultzRobert falckFilip liljaSoros fund managementGeneral partnerMaersk growthEstonia cleveronPlum alley investmentsஒன்றுபட்டது மாநிலங்களில்ஜெசிகா ஶுல்ட்ஸ்ராபர்ட் பால்க்க்ஜநரல் கூட்டாளர்மெர்ஸ்க் வளர்ச்சிப்லம் சந்து முதலீடுகள்