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Einride Secures $500 Million In Financing To Accelerate Deployment Of Sustainable Freight Mobility

PUBLIC · ENRDDec 07, 2022

Amount Raised

$500 Million

Round Type

Funding Round

StockholmManufacturingTransportationAutomotiveElectric Vehicle

Investors

Norrsken VCEqt Ventures, Northzone

Description

Freight mobility technology company Einride announced today it has secured $500M in financing, including both a Series C equity raise and a debt facility. The debt financing, which is the largest asset-backed facility to date for heavy-duty electric vehicles, will provide transformative funding for Einride’s fleet of electric vehicles across the world. The Series C provides a next step in the funding of new developments and deployments across Einride’s autonomous and digital offerings, as well as expanding Einride’s offerings to new markets and clients.

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.

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Verified contactsMattias N., Chief People & Organization Officer hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Einride's next move

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Einride raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.