Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Einride to acquire Flipturn for $38 million

PUBLIC · ENRDAug 12, 2026•about 3 hours ago

Acquiring Company

Einride

Acquired Company

Flipturn

Stockholm

BrooklynTransportationAutomotiveElectric Vehicle

Description

Einride has entered an agreement to acquire Flipturn for approximately $38.4 million. This acquisition will enhance Einride's capabilities in electric fleet charging management. The deal is expected to strengthen Einride's software layer and expand its charging capacity significantly. No immediate changes are anticipated for Flipturn's existing customers.

Company Information

Company

Einride

Location

Stockholm, Stockholm County, Sweden

About

Einride designs, develops and deploys technologies for freight mobility. By building grids powered by a first-of-its-kind ecosystem — the intelligent platform Einride Saga, electric and autonomous fleets, charging infrastructure and connectivity networks — a resilient, cost-effective shipping future is unlocked. Founded in 2016, Einride became the first company in the world to deploy an autonomous, electric vehicle on a public road in 2019 and became the first company to receive approval to operate the vehicle on a U.S. public road in 2022. For more information, please visit einride.tech.

Don't miss Einride's next move

Get an email the moment Einride makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Choose your plan to reveal verified contacts

Predictive Intelligence

Strategic

ML-powered predictions for Einride's next move

Learn about Strategic plan

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Flipturn?

Flipturn was acquired by Einride, based in Stockholm. The deal was reported on August 12, 2026. Einride designs, develops and deploys technologies for freight mobility. Einride is publicly traded (ENRD) and operates in Transportation.

When did Einride acquire Flipturn?

Einride's acquisition of Flipturn was reported on August 12, 2026. Einride has entered an agreement to acquire Flipturn for approximately $38.4 million. This acquisition will enhance Einride's capabilities in electric fleet charging management. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Flipturn do?

Flipturn’s mission is to accelerate electrification by helping fleets get the most out of their EVs. It is privately held, and is based in Brooklyn.