Startups

Autonomous truck operating systems.

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Summary

Seedtable Score

Score icon 44

Locations

Company Size

  • 51 to 100

Last Stage Round

Insights

Fernride, based in Munich, is set to advance autonomous truck operation systems. Targeting the logistics and transportation sectors, the company addresses critical issues like driver shortages, high labor costs, and human error. Unlike traditional methods, Fernride's technology aims to increase efficiency and reduce operational costs. Focusing specifically on trucks allows them to cater to a niche, impactful market segment, setting them apart from broader autonomous vehicle competitors. Backed by investors such as Munich Re Ventures and Speedinvest, Fernride is well-positioned to capitalize on the growing demand for automation in supply chains, making it a promising player in the future of mobility and logistics.

Total Funding
$27.4M

Investors