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Self-driving trucks startup Einride raises $100M
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TechCrunch
The funding comes as Einride adjusts to a new CEO and tries to scale its three business products: electric big rigs, autonomous pod-like trucks that navigate fixed routes, and planning software designed for shippers.
Einride CEO Roozbeh Charli said the funding would allow the company to grow with its customer base and accelerate the deployment of its autonomous freight technology.
The company, which was founded in 2016, started in Sweden with a mission to disrupt the freight industry — first with electric trucks, then with electric autonomous pods, which are purpose-built without a steering wheel or pedals for self-driving.
Einride has expanded beyond Sweden and operates a fleet of heavy-duty electric trucks in Europe, North America, and the UAE, for companies like PepsiCo, Carlsberg Sweden, and DP World.
The company has made some inroads with its autonomous pod-like trucks with customers Apotea in Sweden and GE Appliances in the United States.