Fernride, a Munich, Germany-based autonomous, electric trucking company, raised $31M in Series A funding.
Backers included 10x Founders, Promus Ventures, Fly Ventures, Speedinvest, and Push Ventures along with corporate investors, such as HHLA Next, DB Schenker via Schenker Ventures and Krone.
The company intends to use the funds to accelerate the transition towards automated and sustainable logistics, scale operations with existing and new customers globally and boost the technological development of their approach to human-assisted autonomy.
Founded by Hendrik Kramer, Maximilian Fisser, and Jean-Michael Georg, Fernride offers scalable automation solutions for yard trucking that increase productivity, promote sustainability, and improve worker safety. The company employs a human-assisted automation approach, which allows for remote takeovers of electric trucks when necessary. This ensures integration and reliable operations for logistics operators.
Customers include Volkswagen, HHLA, DB Schenker, and BSH, among others.
FinSMEs
16/06/2023