logo
logo

FERNRIDE raises €18M in Series A extension, bringing total funding to €75M, to expand into defense logistics with support from key investors.

Sep 04, 2025•5 days ago

Amount Raised

€18 Million

Round Type

series a

MunichAutomotiveManufacturing

Description

FERNRIDE has extended its Series A financing round, raising an additional €18 million. The total funding now stands at €75 million, aiding in the development of dual-use autonomous logistics solutions in Europe. The company aims to apply its technology in defense logistics, enhancing operational safety and efficiency. This funding will support its scaling efforts in container terminals and compliance with EU safety standards.

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.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech