FERNRIDE
Company

Last deal

$19M

Amount

Series A

Stage

20.09.2023

Date

7

all rounds

$58.7M

Total amount

General

About Company
Fernride is a company that combines human skills with autonomous driving technology to provide sustainable logistics solutions.

Industry

Sector :

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Also Known As

PYLOT

founded date

04.10.2019

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company offers a turnkey solution that includes a teleoperation platform, sustainable trucks, seamless integration into existing logistics processes, and remote operation under customized "as-a-service" agreements. Their teleoperation platform allows for safe remote monitoring, assistance, and control of vehicles from afar, enabling logistics service providers to meet demands and reduce operative costs. Fernride's approach is gradual autonomy with teleoperation first, allowing their teleoperators to fully control electric vehicles without sitting in them. The company 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 and has attracted venture capital, customers, and talents.
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