Einride adds $4M in capital funding from Swedish angel investors.

Sweden Investments 12 July 2018
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Einride, a Stockholm, Sweden-based company manufacturing self-driving vehicles, secured SEK 35M ($4M) in capital investment.

Backers include Swedish angel investors Christian Lagerling, Karin Markides and Mikael Lindblom, who also join the board of directors.

Einride, founded in 2016 by CEO Robert Falck and Filip Lilja, developed T/POD, a truck specifically designed for electric propulsion and autonomous driving. The truck can load up to 20 tonnes and is capable of driving approximately 20 miles on a charge, and is already in use for pilot projects with DB Schenker and Lidl.