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Founded Year

2019

Stage

Secondary Market | Alive

Total Raised

$650.82M

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-7 points in the past 30 days

About Einride

Einride is a freight technology company specializing in the provision of digital, electric, and autonomous shipping solutions. The company offers solutions that enable the decarbonization of road freight through the integration of electric and autonomous vehicles, managed by its data-driven operating system, Saga. Einride primarily serves the retail logistics sector, helping businesses comply with environmental, social and governance (ESG) regulations and meet eco-conscious consumer demands. It was founded in 2019 and is based in Stockholm, Sweden.

Headquarters Location

Regeringsgatan 65

Stockholm, 111 56,

Sweden

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ESPs containing Einride

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Automotive Tech

The autonomous driving systems market refers to technologies that enable vehicles to operate without (or with very little) human intervention, with solutions incorporating the necessary software and hardware (e.g. sensors, AI chips) that allow vehicles to perceive their surroundings, localize themselves, and plan accordingly. Autonomous driving systems are used for advanced driver assistance syste…

Einride named as Challenger among 15 other companies, including Mobileye, Waymo, and Aurora.

Einride's Products & Differentiators

    Electric Trucks as a service

    Heavy Duty Electric Trucks

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Expert Collections containing Einride

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Einride is included in 4 Expert Collections, including Auto Tech.

A

Auto Tech

4,339 items

Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.

S

Supply Chain & Logistics Tech

4,980 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,244 items

G

Game Changers 2018

36 items

Our selected startups are high-momentum companies pioneering technology with the potential to transform society and economies for the better.

Einride Patents

Einride has filed 14 patents.

The 3 most popular patent topics include:

  • robotic submarines
  • fictional mass murderers
  • gas sensors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/6/2023

9/3/2024

Fisheries science, Robotic submarines, Fisheries, Computer buses, Marine biology

Grant

Application Date

2/6/2023

Grant Date

9/3/2024

Title

Related Topics

Fisheries science, Robotic submarines, Fisheries, Computer buses, Marine biology

Status

Grant

Latest Einride News

Volvo CE rolls out autonomous equipment at Volvo Days 2024 [part 2]

Sep 21, 2024

A global shortage of qualified operators is impacting job sites everywhere, precisely at a time when demand for housing, mineral mining , and renewable energy construction is going from peak to peak. That’s why companies from Caterpillar to Tesla to Einride are pushing to advance autonomy the way they are. And, like they’ve done with semi truck electrification , Volvo Group’s vision for the future has them firmly in a leadership role as the construction industry automates. CX01 autonomous hybrid compactor Volvo CX01 autonomous compactor; photo by the author. First revealed as a concept in 2021 , Volvo CE’s CX01 autonomous “single drum” asphalt roller concept has seen continuous development in the years since. Making its Volvo Days debut, the CX01 has shed the original single drum design for a “split drum,” with each half being controlled by an internalized, independent electric motor. The CX01’s electric motors not only help to propel and steer the roller, they also vibrate the drums individually, using some trick software calibration to effectively “cancel each other out,” delivering all the benefits of vibrating drum rollers without the noise. It’s so smart, you guys It’s also worth noting that the CX01 is something of an “extended range” EV, instead of a “pure” BEV. That’s because it uses a small, 1.4L diesel engine to spin a generator that powers not batteries, but capacitors (those blue things, above right). Those capacitors can be charged on grid power ( or from an accompanying TC13 trench compactor ), but they’re much better than batteries at releasing energy really quickly , enabling the diesel to operate at its maximum efficiency while maintaining extremely precise, high-torque movement from the motors. Volvo CE engineers envision a team CX01 rollers units deployed on larger job sites that could work together and communicate with other pieces of equipment on the site. The connected equipment could help survey the job site, report on the conditions of the mat (density, temperature, and passes), and leverage AI to determine when and where to compact without the need for human operators. All of which is great, sure – but they had me at “ giant OneWheel .” Volvo TA15 autonomous electric haul truck Volvo TA15 autonomous haul truck; photo by the author. Part of Volvo CE’ “ TARA ” line of autonomous products, the “production ready” TA15 autonomous electric haul trucks are already part of a number of pilot programs on Volvo customer job sites. Being autonomous, they’re ideally suited to performing repetitive routes, dozens of times per day, without exposing human operators to fatigue or injury. Big robot dumper “TARA enables you to downsize and replace larger diesel-powered vehicles with a fleet of autonomous electric Volvo TA15s capable of running 24/7,” reads the official TARA release. “This not only helps you cut emissions and increase productivity, it will also help you rightsize your machinery and optimize your hauling routes.” And that brings us to the real topic at hand: sustainability. Electrek’s Take Volvo SD110 single drum roller, via Volvo CE. As we’ve often discussed on The Heavy Equipment Podcast, there are two types of sustainability, and both are important. The first is the “classic” version of sustainability, in that our choices need to sustain the planet and environment we live in. The second is sustainability of the business – the ability to keep doing business in a way that ensures the survival of the business, itself. Looking at the conventional Volvo SD110 conventional roller, above, you can see the incredible amount of materials – of steel, rubber, plastic, glass, etc. – that simply isn’t needed to produce the CX01 roller we started this article with. All that added mass has a massive hidden carbon cost. The cost of getting those materials out of the ground, the need for bigger, heavier roads to support the weight of the machine, and the bigger, burlier trucks and trailers needed to transport it. Heck, even the operator’s commute to and from the job site adds to the carbon cost of the SD110, over and above the harmful emissions from its diesel engine’s exhaust stack. The CX01? It’s objectively more sustainable than the SD110 roller in every way, and does pretty much the same job. The Volvo TA15, too, is lighter and more compact than a conventional rigid haul truck. That reduced mass enables job sites and mining operations to maintain narrower haul routs that are less expensive to build and easier/cheaper to maintain, all while contributing to carbon reductions all across even the broadest scope of job site operations . That’s both sustainable, and sustainable – and just another reason why forward-thinking fleet buyers will be watching this space closely. ORIGINAL CONTENT FROM ELECTREK.

Einride Frequently Asked Questions (FAQ)

  • When was Einride founded?

    Einride was founded in 2019.

  • Where is Einride's headquarters?

    Einride's headquarters is located at Regeringsgatan 65, Stockholm.

  • What is Einride's latest funding round?

    Einride's latest funding round is Secondary Market.

  • How much did Einride raise?

    Einride raised a total of $650.82M.

  • Who are the investors of Einride?

    Investors of Einride include Plug and Play Ventures, EQT Ventures, Norrsken VC, Northzone, Barclays Bank and 24 more.

  • Who are Einride's competitors?

    Competitors of Einride include Gatik, Terraline, BaseTracK, Project 3 Mobility, WattEV and 7 more.

  • What products does Einride offer?

    Einride's products include Electric Trucks as a service.

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Compare Einride to Competitors

P
Peloton Technology

Peloton Technology is an automated vehicle technology company that operates in the trucking industry. The company's main services include the development of systems that enhance safety and fuel efficiency in trucks. These systems use radar sensors for collision mitigation, vehicle-to-vehicle communications for synchronized acceleration and braking, and cloud-based operations for safe platooning. It was founded in 2013 and is based in Mountain View, California.

Kodiak Robotics Logo
Kodiak Robotics

Kodiak Robotics operates as a technology company focusing on autonomous vehicles. The company's main offering is the development of autonomous technology for long-haul trucking, providing a solution that is designed to increase efficiency and safety in the transportation of goods. Its SensorPods utilizes cameras, light detection and ranging (LiDARs), and radars to perceive any environment. It primarily serves the freight and logistics sector. The company was founded in 2018 and is based in Mountain View, California.

Gatik Logo
Gatik

Gatik specializes in autonomous middle-mile logistics within the transportation sector. The company's main offerings include delivery and logistics services using a fleet of autonomous trucks designed to move goods between distribution centers, fulfillment centers, and retail locations. Its technology is tailored for short-haul, repeatable routes, enhancing supply chain efficiency for various industries. The company was founded in 2017 and is based in Mountain View, California.

ISEE AI Logo
ISEE AI

ISEE AI operates as a technology company focused on autonomous driving systems, specifically in the logistics and supply chain industry. The company offers advanced autonomous yard truck solutions, and operations, improves efficiency, and enhances safety in yard operations. It was founded in 2017 and is based in Cambridge, Massachusetts.

Inceptio Technology Logo
Inceptio Technology

Inceptio Technology specializes in autonomous driving technologies for the logistics and transportation sector. The company offers full-stack proprietary technology for mass-produced autonomous trucks, aiming to enhance safety and efficiency in line-haul logistics. Inceptio Technology also operates a nationwide Transportation-As-A-Service (TaaS) freight network. It was founded in 2018 and is based in Shanghai, Shanghai.

PlusAI Logo
PlusAI

PlusAI is a technology company focused on autonomous driving solutions within the transportation sector. The company offers a range of software solutions for vehicle automation, including AI-based perception software, next-generation safety systems, and varying levels of autonomous driving capabilities. PlusAI primarily serves the automotive industry, including OEMs, Tier 1 suppliers, and fleet operators. It was founded in 2016 and is based in Santa Clara, California.

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