Einride, a Swedish technology company that develops and provides freight transport solutions based on electric and autonomous vehicles, has announced $10 million in new funding from existing investors led by impact fund – Norrsken VC. The EQT Ventures fund (“EQT Ventures”), Nordic Ninja VC, Ericsson Ventures, and other investors contributed.
This new funding will be used to fast track the official launch of its Einride Pods and meet the overwhelming demand from existing clients including Oatly, Lidl, and more. A representative from Norrsken VC, which was founded by the Klarna co-founder Niklas Adalberth, will be joining Einride’s advisory board.
In March 2020, the AI and robotics industry saw major names shut its doors which sent a shiver down the spine of the autonomous trucking industry. Contrarily, in the wake of COVID-19, there has been a shift towards searching for a more efficient, contactless way to achieve the same levels of transport as before. During this time, Einride has maintained a strong stream of new partnerships, including onboarding two major partners, Oatly and Lidl, and launching the mainnet version of its Freight Mobility Platform. [Read more…] about Einride emerges as a leader in autonomous freight
