Amazon taps Sweden’s Einride for its electric big rigs
The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
Self-driving trucks startup Einride has raised an oversubscribed $113 million PIPE in advance of its SPAC merger scheduled for early 2026.
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The Swedish startup just raised $100 million from investors last month.
Einride raised the funds five months after founder Robert Falck left the CEO role and took over as executive chairman of the board.
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.