Einride, a Global Leader in Autonomous and Electric Freight, Completes Business Combination and Will Begin Trading on Nasdaq Stock Market
Summary
Einride completed its business combination with Legato Merger Corp. III and is set to begin trading on Nasdaq under the symbols ENRD and ENRDW. The transaction values the company at about $1.35 billion. Einride also raised $113 million through an oversubscribed PIPE backed by new and existing investors. The company builds and operates digital, electric, and autonomous freight solutions and serves customers across North America, Europe, and the Middle East.
Funding
Amount
$113.0M
Total raised
Date
June 9, 2026
Announcement date
Investors
EQT Ventures, BTIG, DLA Piper
Lead investors
Company
einride.tech
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
SaaS
Fleet Management Software
Logistics Software
Linked Companies
Einride
$50M to $100M