Munich-based FERNRIDE, a ground autonomy platform, secured an additional €18 million in its Series A extension. This round, led by Helantic, brings the total Series A funding to €75 million. Thomas Müller, former CEO of Hensoldt, also joined FERNRIDE’s Board.
The company, founded in 2019, develops an AI-powered autonomy platform. It delivers scalable automation across industries, including container terminals, yard operations, and open-road trucking. Ultimately, FERNRIDE aims to address driver shortages and safety risks.
