STOCKHOLM, Sweden, May 13, 2021 – Build Capital Partners, a hybrid private equity and venture capital firm, proudly announces its participation in Einride’s successful USD $110 million Series B funding round. Co-led by Temasek and Soros Fund Management, the round also included existing investors such as EQT Ventures, Northzone, and Maersk Growth, among others, further propelling Einride’s mission to revolutionize freight mobility through electric and autonomous transport solutions.
“Investing in Einride aligns perfectly with our focus on backing innovative, high-growth ventures that drive sustainability and meaningful impact,” said Brent Jacobsen, Partner at Build Capital Partners. “From the start, Einride has been a trailblazer in rethinking how freight is moved globally, delivering zero-emission solutions that reduce operating costs and carbon footprints for shippers. We’re honored to deepen our partnership with them as they scale internationally.”
With the new funding, Einride plans to accelerate its global expansion in key markets, including North America and Europe, while advancing the development of its electric and autonomous truck platform. The company’s groundbreaking freight operating system combines intelligent routing technology with electric fleets, enabling optimized cargo transport that significantly lowers emissions and total cost of ownership.
“Build Capital Partners has played an important role in supporting Einride’s growth, and we look forward to leveraging their deep expertise as we expand our operations,” said Robert Falck, CEO of Einride. “This latest funding round is a testament to Einride’s progress in redefining the freight industry for the 21st century. Together with our partners, we are forging a path toward safer, more efficient, and truly sustainable freight mobility.”
About Build Capital Partners
Build Capital Partners is a hybrid private equity and venture capital firm focused on supporting bold entrepreneurs and high-growth businesses across healthcare, sustainability, and innovation-driven sectors. With deep operational expertise and a hands-on approach, Build partners with companies to accelerate growth, scale impact, and deliver long-term value. To learn more, visit buildcapitalpartners.com.
About Einride
Einride is a freight technology company that designs and develops technologies for electric and autonomous freight mobility. Founded in 2016 in Sweden, Einride’s intelligent freight operating system and purpose-built electric and autonomous trucks help shippers reduce emissions and operating costs. For more information, visit einride.tech.