Outrider, a developer of autonomous yard operations for logistics hubs, has raised $62 million in an oversubscribed Series D financing round.
The round was led by Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA), with additional investments from 8VC, ARK Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures (Nvidia’s venture capital arm), and Prologis Ventures.
This funding will drive the commercial scaling of Outrider’s autonomous yard operations as a service with Fortune 500 customers in 2025 and solidify its position at the forefront of logistics automation. [Read more…] about Outrider raises another $62 million to drive growth of yard automation