Outrider Secures $62 Million to Advance Autonomous Logistics Yard Operations
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Outrider, a leader in autonomous yard operations, has successfully raised $62 million in an oversubscribed Series D funding round, spearheaded by Koch Disruptive Technologies and New Enterprise Associates. This new capital aims to scale the company's autonomous yard-operations-as-a-service by 2025, targeting Fortune 500 clients and enhancing safety and efficiency in logistics. To date, Outrider has raised a total of $250 million, deploying over 100,000 autonomous trailer moves and developing advanced AI and robotic solutions for operational safety. The funding will support significant expansions, including applications in intermodal rail and port terminals, further solidifying Outrider’s role in modernizing supply chains globally.
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