Mentioned:
Quantum computing leader IonQ has just made a new bet on an autonomous electric truck company. But, why?
What’s happening:
- Swedish self driving electric truck company Einride has raised $100M USD in a new strategic financing round
- The new funding round was led by EQT Ventures
Why it matters:
- Einride’s new financing round also included a strategic investment from IonQ (NYSE: IONQ), which marks the first time ever that IonQ has made a direct equity investment into an autonomous vehicle company
Going deeper:
- Einride currently has multiple deals with large companies, including PepsiCo, GEAppliances, Oatly and Carlsberg Sweden
- IonQ’s investment into Einride builds off of their existing technology collaboration in which they are developing new types of quantum applications for large scale optimization of routing, scheduling and logistics that can be integrated into fully autonomous vehicles
