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Autonomous and electric truck company Einride raises $500M in equity and debt

TechCrunch

Einride has already been on something of an expansion drive (so to speak) these past few months, launching in Germany back in September followed by Belgium, the Netherlands, and Luxembourg last week, with plans in place to target Norway too. trillion industry in 2020 to nearly $3 trillion within the next five years.

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Oda, the Norwegian grocery delivery startup, raises a fresh $151M, but at a lowered valuation of $353M

TechCrunch

Oda , one of the bigger players in online grocery delivery in Europe with operations in its home market of Norway as well as Finland and Germany, today announced that it had raised 1.5 Rohlik in the Czech Republic, Picnic in the Netherlands and Everli in Italy — says that its Norway operations are profitable. “In

Norway 87
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Vic.ai raises $52M, shows that automating accounting processes can be profitable

TechCrunch

As something of a case in point, Vic.ai , which bills itself as an accounting automation platform, today announced that it raised $52 million in a Series C funding round led by GGV Capital and ICONIQ Growth with participation from Cowboy Ventures and Costanoa Ventures. “In this next stage of growth, Vic.ai ” Vic.ai

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Solar-powered carmaker Lightyear raises $81M and gears up for production

TechCrunch

Lightyear , a Dutch startup developing a long-range hybrid solar-powered car, today announced that it has raised €81 million ($81 million) as it prepares to begin production of its first vehicle in the coming months. “The industry needs to be certain of the viability of the technology to produce it at scale. Driving change.

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Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

TechCrunch

Tink , a startup out of Stockholm, Sweden that aggregates a number of banks and financial services by way of an API so that those can in turn be accessed via new channels, has raised €85 million (or $103 million at current rates), at a post-money valuation of €680 million (or around $825 million). It has now raised €175 million in total.

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Singapore-based insurtech startup Surer nabs seed round to bolster its product development

TechCrunch

trillion general insurance industry. . The company has raised a $1 million seed round to enhance its platform and scale in Asia. Kistefos has a strong investment portfolio in Norway and Europe, including companies delivering financial services. India’s insurance platform Turtlemint raises $30 million.

Singapore 102
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Finn raises $110M to expand car subscription platform in U.S., Germany

TechCrunch

Car subscription platform Finn has raised $110 million in equity to expand in the U.S. Car subscription platforms, especially ones that offer electric vehicles like Onto in the UK and imove in Norway, are taking off as trends like usership over ownership, online shopping and EV usage rise.

Germany 73