Einride Secures $500 Million In Financing To Accelerate Deployment Of Sustainable Freight Mobility
Amount Raised
$500 Million
Round Type
Funding Round
Investors
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.
Quick answer
Einride raised $500 Million in a Funding Round round, dated December 7, 2022. Investors: Norrsken VC and Eqt Ventures, Northzone. Einride is based in Stockholm, Stockholm County, Sweden.
- How much did Einride raise?
- Einride raised $500 Million in a Funding Round round on December 7, 2022.
- Who invested in Einride?
- Norrsken VC and Eqt Ventures, Northzone are named as investors in this round.
- What does Einride do?
- Einride designs, develops and deploys technologies for freight mobility.
- Where is Einride based and how big is it?
- Einride is based in Stockholm, Stockholm County, Sweden. Fundz records about 380 employees.
- Who are the decision-makers at Einride?
- Fundz holds 2 contacts at Einride, including the Chief People & Organization Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Einride that raised within 45 days of this round, from Fundz verified event records.
- Quantum Space raised an undisclosed amount (Funding Round) on December 13, 2022.
- Mullen Automotive raised an undisclosed amount (Funding Round) on November 17, 2022.
- Harbinger raised $94M on November 2, 2022.
- Ionblox raised $24M (Series B) on October 26, 2022.
- NFI Group raised an undisclosed amount (Debt Financing) on January 20, 2023.
- OBE Power raised an undisclosed amount (Funding Round) on January 17, 2023.
Who to call at Einride, and when
A new round usually means Einride is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Einride raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Einride, from your own LinkedIn network
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Related People
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