Germany-based autonomous trucking company FERNRIDE has closed a further US$19 million in its Series A funding, pushing the total round amount to US$50 million.
Therefore, the firm aims to strengthen its focus on advancing the transition towards automated and sustainable logistics.
According to FERNRIDE, driven by high investor interest, the second closing comes just weeks after FERNRIDE’s initial Series A announcement.
New investors include Germany’s Deep Tech and Climate Fonds (DTCF), a US$1...
https://container-news.com/fernride-raises-us50-million-to-scale-autonomous-yard-trucking/