FreightTech startup Einride announced Wednesday it had raised $500 million in financing through a combination of a Series C equity raise and a debt facility.
The Sweden-based company raised $200 million in the Series C with the Swedish pension fund AMF, EQT Ventures, Northzone, Polar Structure, Norrsken VC and Temasek, among others participating in the round. In addition, Einride said it secured a $300 million debt facility led by Barclays Europe.
“The time is now to act on not only developing...
https://www.freightwaves.com/news/einride-announces-500m-for-autonomous-electric-vehicle-development