Autonomous electric semi truck brand Einride hits $1 billion valuation
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Swedish trucking startup Einride AB has achieved a $1 billion valuation following a $100 million funding round, more than doubling its previous valuation of approximately $470 million from 2021. The funding involved both existing and new investors, including EQT Ventures and IonQ, Inc. Einride plans to use the capital to enhance its autonomous freight solutions, technology development, and customer expansion, following a year of significant growth with net sales more than doubling in 2024 and successful expansions into Austria and the UAE.
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Source: Electrek The copyright of this article belongs to the original author/organization.
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