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EINRIDE
Einride
Electric & autonomous freight trucking · Stockholm · Sweden · Founded · 2016 · ≈ · 375 · employees

Einride Funding — Last Valued at $1.4B

Public

Einride has raised $636M across 4 funding rounds, plus 1 undated round. The latest round valued Einride at $1.4B post-money, with Legato Merger Corp. III on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Einride funding · at a glance
Total raised, all rounds
$636M
sum of disclosed sizes
Funding rounds
4
plus 1 undated round
Latest round
$1.4B
post-money · Jun 2026
Lead on that event
Legato Merger Corp. III
lead investor
2026
About Einride

Einride raised a $113 million PIPE round ahead of going public, with its SPAC deal valuing the company at a $1.35 billion pre-money valuation, down from an initial $1.8 billion figure. The company began trading on Nasdaq in 2026 after the merger closed.

Funding timeline

The Einride funding timeline

4 funding rounds, the latest highlighted.

2016
Einride founded

Einride was founded in 2016, Sweden.

UNDATED
Series B

No date is disclosed for this round.

DEC 2022
Series C

Polar Structure, Norrsken VC, Temasek, convertible note $90M included. $200M raised, led by AMF, EQT Ventures, Northzone.

Valuation basisAmount$200MPrice / shareLeadAMF, EQT Ventures, Northzone
OCT 2025
Crossover financing

A primary round — the company sells new shares to investors it selects. $100M raised.

Valuation basisAmount$100MPrice / shareLead
FEB 2026
PIPE (pre-SPAC-close) at $1.4B pre-money

New and existing investors, oversubscribed vs. a targeted up-to-$100M raise. $113M raised, led by EQT Ventures.

Valuation basispre-moneyAmount$113MPrice / shareLeadEQT Ventures
JUN 2026LATEST
SPAC merger IPO at $1.4B post-money

A primary round — the company sells new shares to investors it selects. $113M raised, led by Legato Merger Corp. III.

Valuation basispost-moneyAmount$113MPrice / shareLeadLegato Merger Corp. III
STATUS: PUBLIC

Listed company.

Funding rounds

Einride funding rounds in full

4 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
SPAC merger IPO LATEST
Jun 2026
$113M
$1.4Bpost-money
—
Legato Merger Corp. III
—
PIPE (pre-SPAC-close)
Feb 2026
$113M
$1.4Bpre-money
—
EQT Ventures
new and existing investors, oversubscribed vs. a targeted up-to-$100M raise
Crossover financing
Oct 2025
$100M
—
—
—
—
Series C
Dec 2022
$200M
—
—
AMF, EQT Ventures, Northzone
Polar Structure, Norrsken VC, Temasek, convertible note $90M included
Series B
—
$110M
—
—
Temasek, Soros Fund Management
EQT Ventures, Northzone, Maersk Growth, Build Capital Partners
Einride · investors

Investors

TemasekLEADSoros Fund ManagementLEADLLegato Merger Corp. IIILEADEQT VenturesLEADAAMFLEADNorthzoneLEADLLegato Merger Corp.

Frequently asked questions

Is Einride publicly traded?›

Yes. Einride is listed on NASDAQ as ENRD.

What is Einride's valuation?›

The last valuation is $1.4B (post-money, Jun 2026).

Who has invested in Einride?›

Lead investors for each round are in the funding timeline.

Who are Einride's competitors?›

The closest electric & autonomous freight trucking peers are on the competitors page.

How can I get exposure to Einride?›

The routes section explains what is realistically available for a company at this stage.

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