Outrider raises $73M Series C
Outrider closed a $73 million Series C led by FM Capital to expand deployment of its autonomous distribution-yard platform.
Evidence notes
- New investors included a wholly owned subsidiary of the Abu Dhabi Investment Authority and NVentures, while Koch Disruptive Technologies and New Enterprise Associates also participated.
- The financing supports Outrider's autonomy and safety roadmap, hiring, and work with electric yard-truck manufacturers.
- Outrider said the capital would help scale deployments toward hundreds of autonomous yard trucks at customer sites.
Company context
Outrider automates distribution-yard work with autonomous electric yard trucks, site infrastructure and management software for logistics hubs.