Einride Goes Public: A New Leader Emerges in Autonomous and Electric Freight

Source: Einride

Autonomous freight just hit a major milestone. Einride, the Swedish startup redefining logistics with autonomous and electric transport technology, is going public in the U.S. through a SPAC merger with Legato Merger Corp. III, valuing the company at $1.8 billion.

Founded by Robert Falck, Filip Lilja, and Linnéa Kornehed Falck, and now led by CEO Roozbeh Charli, Einride is positioning itself as a top contender in the global race to modernize and decarbonize freight.

A vision built on autonomy, electrification, and data

Einride operates a dual business model:

• Freight-Capacity-as-a-Service (FCaaS)

• Software-as-a-Service (SaaS)

Supported by Saga, its proprietary data-driven logistics platform used to optimize electric fleets and autonomous operations.

Funding Highlights

• Valuation: $1.8B pre-money.

• Listing: Expected on the NYSE in H1 2026.

• Capital raise: Approx. $219M in gross proceeds + up to $100M in PIPE funding.

• Traction: Current ARR of $45M and over $800M in potential long-term ARR from partnerships with GE Appliances, PepsiCo, and others.

• Tech advantage: Regulatory approvals for cab-less heavy-duty autonomous trucks — Europe since 2019 and U.S. since 2022.

A bold step toward the future of freight

By choosing the SPAC route, Einride accelerates its public debut and strengthens its position as one of the most advanced players in autonomous and electric freight transport.

A powerful signal: the next era of freight is autonomous, electric, and approaching fast.