Just 8 months after launching from stealth, Golden autonomous vehicle startup brings on $65M
Just eight months after it launched out of stealth, a Golden-based autonomous vehicle and logistics startup has brought on a large funding round that takes its total funding north of $100 million.
Outrider automates the repetitive, manual aspects of yard operations, including moving trailers around the yard, moving trailers to and from loading docks, hitching and unhitching trailers, connecting and disconnecting trailer brake lines and monitoring trailer locations.
The company’s three-part system includes management software, electric autonomous vehicles, and site infrastructure.
“We’re focused on automating and electrifying these critical pieces of the supply chain that have essentially run as they have for several decades,” founder and CEO Andrew Smith told Denver Business Journal.
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Just eight months after it launched out of stealth, a Golden-based autonomous vehicle and logistics startup has brought on a large funding round that takes its total funding north of $100 million. Outrider, a company developing autonomous yard operations for logistics hubs, announced Wednesday that it closed $65 million in Series B funding, led by Koch Disruptive Technologies (KDT).
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