Self-driving truck startup Einride raises $113M PIPE ahead of public debut
Self-driving trucks startup Einride has raised an oversubscribed $113 million PIPE in advance of its SPAC merger scheduled for early 2026.
Self-driving trucks startup Einride has raised an oversubscribed $113 million PIPE in advance of its SPAC merger scheduled for early 2026.
There is no timeline for when these systems will become available. But once they do, Kodiak could bring its tech to more trucks, faster.
Revised rules in California would allow self-driving trucks to test on public highways. The rules also close a loophole allowing police to issue tickets for driverless vehicles.
Robert Falck, the founder of electric and autonomous trucking startup Einride, is stepping down from the role of CEO as the company works towards scaling its technology, raising more funds, and exploring the possibility of an IPO.