Fernride logo

Fernride

Startups icon Seedtable Score 44 Startups icon Startups

3

Founding Rounds

4

Investors

$27.43m

Money raised

Overview

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.
  • Website: https://fernride.com
  • Business model: b2b
  • Company size: 51 - 101 employees
  • Headquarters: Munich, Germany
  • Founded: 2019
  • Social accounts: Linkedin

Investors (4)

Fly Ventures logo Fly Ventures

Health Tech, FinTech, Crypto & web3, Agritech, Foodtech, ...

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Speedinvest logo Speedinvest

Climate Tech & Green Tech, Health Tech, Edtech, FinTech, Crypto & web3, ...

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Fonding

Fonding series

Funding Series Analysis

The company Fernride has raised a total of $27.43m in funding over 3 rounds.

Key Insights:

  • Seed: $8.43m
  • Unknown: $
  • Series A: $19m
Fernride logo
Fernride Unknown (2019, $0M) $
Fernride logo
Fernride Seed (2021, $8M) $8.43m
Fernride logo
Fernride Series A (2023, $19M) $19m