Fundz

Fernride Raises $31 Million To Scale Operations And Advance Its Teleoperated Trucking Platform

RECENTLY ACQUIREDJun 13, 2023

Amount Raised

$31 Million

Round Type

Funding Round

MunichManufacturingTransportationAutomotiveLogisticsFleet Management

Description

Today German autonomous trucking company FERNRIDE announces it has raised $31 million in Series A funding

Quick answer

FERNRIDE raised $31 Million in a Funding Round round, dated June 13, 2023. FERNRIDE is based in Munich, Bavaria, Germany.

How much did FERNRIDE raise?
FERNRIDE raised $31 Million in a Funding Round round on June 13, 2023.
What does FERNRIDE do?
FERNRIDE is on the mission of solving two major challenges: a drivers shortage and the huge negative impact of transportation on the environment.
Where is FERNRIDE based and how big is it?
FERNRIDE is based in Munich, Bavaria, Germany. Fundz records about 155 employees.
Who are the decision-makers at FERNRIDE?
Fundz holds 1 contact at FERNRIDE. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as FERNRIDE that raised within 45 days of this round, from Fundz verified event records.

  • Colonia Technologies raised $6.5M (Funding Round) on June 26, 2023.
  • Zyngo raised $5M (Funding Round) on May 9, 2023.
  • Everest Fleet raised $20M (Funding Round) on June 14, 2023.
  • Ampcontrol raised $10M (Series A) on July 26, 2023.
  • Carvolution raised $28M (Funding Round) on July 26, 2023.
  • Impulse Space raised $45M (Series A) on July 24, 2023.

Who to call at FERNRIDE, and when

A new round usually means FERNRIDE is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day FERNRIDE raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at FERNRIDE, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at FERNRIDE. With Fundz connected, it knows.

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Company Information

Company

FERNRIDE

Location

Munich, Bavaria, Germany

About

FERNRIDE is on the mission of solving two major challenges: a drivers shortage and the huge negative impact of transportation on the environment. With over 10 years of research and high-profile partners, such as Volkswagen, DB Schenker and B/S/H, we are delivering the future of automated logistics today. Our unique approach is gradual autonomy with teleoperation first, allowing our drivers – known as teleoperators – to fully control electric vehicles without actually sitting in them. Fernride was spun out in 2019 by Hendrik Kramer, Dr. Maximilian Fisser and Jean-Michael Georg after ten years of research at the Technical University of Munich (TUM) and quickly attracted venture capital (>€10M 2021), customers and talents - becoming a European technology champion.

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Fundz sees it the moment FERNRIDE raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for FERNRIDE's next move

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FERNRIDE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.