Germany · Mechanical or industrial engineering startup

FERNRIDE

FERNRIDE is a Munich-based company specializing in AI-powered ground autonomy for automated electric trucking and scalable logistics solutions.

Funding reportedLast round: Series A

Mechanical or industrial engineeringMuenchen, Germany

About FERNRIDE

FERNRIDE is a Munich-based company specializing in AI-powered ground autonomy for automated electric trucking and scalable logistics solutions.

Founded in 2019, the company emerged from a decade of research at the Technical University of Munich and has grown to employ over 150 people. FERNRIDE aims to address the global driver shortage and the environmental impact of transportation through sustainable logistics and human-centric automation. The company offers a modular, vehicle-agnostic ground autonomy platform that transforms any truck into an autonomous asset. Their technology includes human-assisted autonomy, allowing remote operators to control electric trucks from office facilities. FERNRIDE provides turnkey solutions that integrate sustainable trucks into existing logistics processes and offers a Transportation-as-a-Service model for driverless transport. Their platform serves various industries, including logistics and defense, with trusted partnerships with major companies like Volkswagen and DB Schenker. FERNRIDE is set to deliver Europe’s first fully certified autonomous trucking system in 2025.

What company datasets say FERNRIDE raised

Funding, as reported

Reported in all61Min the source's currency
Rounds5
Last roundSeries A
Last round size18M
Last round dateSept 2023
Investors listed16

Founders and team

From FERNRIDE's own website: 1 founder, 6 on the team.

Hendrik KramerCEO & Co-Founder
  • Thomas BockCTO & COO
  • Candice ManatsaExecutive Director, People & Culture
  • Dr. Volker HartmannGeneral Counsel
  • Holger MandelBoard Member
  • Klaus KleinfeldChairman of the Board
  • Thomas MüllerBoard Member

On 4 portfolio pages

Investors who name them

Each firm lists FERNRIDE on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

teleoperationindustrial automationharsh environment operationautonomous truckingsupply chain efficiencyclean energy & technologycargo logisticscollision avoidancereal-time datadistributionmanufacturingremote operationautonomous vehicle control softwaresafety certificationhuman machine interfacelong-haul transport

Built with from their website

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Sector
Mechanical or industrial engineering
Industry code
NAICS 33621, 541512, 488999, SIC 3581, 7373, 4789
Region
Bayern
Part of
Quantum Systems
Revenue
28.4M a year, as listed
Full record
Every detail in the company directory

Mechanical or industrial engineering in Germany

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