FERNRIDE Raises $50M Series A to Scale Autonomous Yard Trucking
FERNRIDE’s unique approach to autonomous trucking involves using teleoperations to keep a human in the loop, which allows the company to deploy its technology more quickly and safely than other fully autonomous trucking startups. FERNRIDE has already partnered with leading industry players such as Volkswagen, DB Schenker, and HHLA to test and deploy its autonomous yard trucks.
The new funding will be used to accelerate FERNRIDE’s growth and technological development. The company plans to expand its operations globally and invest in its human-assisted autonomy platform. FERNRIDE is committed to using its technology to promote sustainability, increase productivity, and improve worker safety in the global supply chain.
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