A few years ago, people questioned Swedish startup Einride’s founder when he talked about building autonomous trucks. An incumbent once quipped sarcastically that competitor Tesla’s trucks would “work perfectly for delivering bags of crisps”.
But it looks like the freight mobility company will have the last laugh. The team says its tech is gaining traction, and it's just announced a $500m financing round — split between $300m in debt and $200m in equity financing. It’s Europe’s largest autonomous mobility round since UK startup Wayve’s $200m round in January, according to Dealroom data.
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