Einride founders launch venture firm, targeting €450M European deep tech investments

Two co-founders of Swedish autonomous truck startup Einride are trying a different kind of bet: a venture firm called Navisalma that wants to put about €450m into European deep tech over the next three years.

The firm was set up by Robert Falck and Linnéa Kornehed Falck, alongside former McKinsey partner Robert Westerdahl. Robert and Linnéa Kornehed Falck are married. Navisalma says it wants to back European startups, including robotics companies, and eventually build “10 new global leaders over the next 10 years.”

The money is not all in hand yet. The firm plans to raise around €40m first, within the next month, and says most of that has already been lined up from the founders and other investors. That money is meant to cover operating costs and a few seed investments. After that, Navisalma will go after the larger €450m pool for investments, though it did not name possible backers.

The pitch is very European on purpose. Falck says the continent is strong at creating technology but weaker at turning it into value, and that it does not need to copy Silicon Valley. Instead, Navisalma wants to pair frontier tech with engineering, design, industrial excellence and quality. The firm has already invested in Swedish startup Abundry, which uses AI to improve energy-system performance.

Westerdahl frames it as an extra layer on top of the existing market rather than a replacement for it. The aim, he says, is to connect technological ambition with execution and value creation, then help frontier technology reach industrial scale.