Swiss self-driving car firm Embotech raised $27 million in a Series A funding to expand autonomous driving solutions for logistics in Europe and the U.S.
Swiss self-driving car firm Embotech raised $27 million in a Series A funding to expand autonomous driving solutions for logistics in Europe and the U.S.
12/12/24, 9:40 PM
Location
zurichMoney raised
$27 million
Industry
consulting
logistics
Round Type
series a
Embotech, a Swiss startup specializing in self-driving technology, has successfully raised $27 million to enhance its Automated Vehicle Marshalling and Autonomous Terminal Tractor solutions. The new funding will facilitate the rollout of its solutions across Europe and into U.S. markets by 2025.
Company Info
Location
zurich, zurich, switzerland
Additional Info
Embotech is an award-winning provider of cutting-edge autonomous driving solutions for logistics, with a focus on Automated Vehicle Marshalling (AVM) in passenger car factories and Autonomous Terminal Tractors (ATT) at port terminals and logistic centers. The company delivers safe and reliable autonomous transportation by leveraging the real-time optimization technology it has been developing since 2013.