Outrider, a startup developing autonomous yard operations for logistics hubs, has closed $73 million in Series C financing led by FM Capital.
New investors include a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and NVentures, Nvidia’s venture capital arm.
Existing investors participating in the round include Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). Outrider has raised $191 million in financing to date based on its technical leadership in autonomous systems for distribution yards. [Read more…] about Nvidia and Abu Dhabi join $73 million Outrider funding round