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Self-driving truck startup Einride raises $113M PIPE ahead of public debut
Yahoo Finance· 2026-02-26 16:32
Einride has secured an oversubscribed $113 million PIPE (private investment in public equity) ahead of its public debut that’s expected for the first half of 2026. The Swedish startup is most well-known for building both electric trucks and autonomous pods that are designed to carry freight with no room for a human driver. Einride announced its plans to go public via a merger with a special purpose acquisition company, Legato Merger Corp., last November. The deal values Einride at a pre-money valuation ...