🏆 Deal of the Week · CW 49/2022
Einride raised USD 475.5 million in a Series C round; the post-money valuation was not disclosed. The round was announced in late 2022 and recognised as Deal of the Week for KW 49/2022. Investors from across Europe and Southeast Asia participated, reflecting broad institutional conviction in electric and autonomous freight.
Einride — key deal facts
| Company | Einride |
| Founded | 2016 |
| Headquarters | Stockholm, Sweden |
| Amount raised | USD 475.5M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series C |
| Investors | AMF (http://www.amf-capital.de/start.html) EQT Ventures (https://eqtventures.com/) Norrsken VC (https://www.norrsken.vc/) Northzone (https://northzone.com/) Polar Structure (https://polarstructure.se/) Temasek Holdings (https://www.temasek.com.sg/en/index) |
| Sectors | Electric Vehicle |
Who invested in Einride?
The Series C was backed by AMF, EQT Ventures, Norrsken VC, Northzone, Polar Structure, and Temasek Holdings. The syndicate is notable for combining Nordic venture specialists — EQT Ventures, Norrsken VC, and Northzone — with established institutional capital from Swedish pension fund AMF, infrastructure investor Polar Structure, and Singapore's sovereign wealth fund Temasek Holdings. The presence of Temasek signals cross-continental interest in Einride's freight-technology platform.
What does Einride do?
Einride is a Swedish transport technology company that designs, develops, and deploys autonomous, all-electric freight vehicles. Its flagship hardware product is the Einride Pod, a cabin-less electric truck built for fully autonomous road freight. Alongside its vehicles, the company operates Saga, a freight mobility software platform that coordinates electric and autonomous vehicle fleets at scale. Founded in 2016 by Robert Falck, Filip Lilja, and Linnéa Kornehed, Einride is headquartered in Stockholm, Sweden.
Einride valuation & multiples
No existing multiples analysis was provided for this deal. Once relevant revenue or EBITDA benchmarks become available, EV/Sales and EV/EBITDA ranges will be presented here in line with comparable electric vehicle and freight-technology transactions. For current sector valuation benchmarks, visit the Venionaire DealMatrix Electric Vehicle multiples pages.
Explore the benchmarks: Series C.
Frequently asked questions
How much did Einride raise in its Series C?
Einride raised USD 475.5 million in its Series C round, announced in late 2022 (KW 49/2022).
What is Einride's valuation?
Einride's post-money valuation was not disclosed in connection with its Series C round.
Who invested in Einride?
The Series C investors were AMF, EQT Ventures, Norrsken VC, Northzone, Polar Structure, and Temasek Holdings.
When was Einride founded and where is it based?
Einride was founded in 2016 and is headquartered in Stockholm, Sweden.
Source: original announcement — read the full report.