Munich-based Fernride Raised $31M Series A

[{"selector":"#anim-4e6677ae-43ae-4738-8d34-8eb3b6ac66b7","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6022dc7e-49fd-4ea9-bf5b-f3b2ddd06de5","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Munich-based, Fernride is an electric trucking company raised $31 million led by 10x Founders in a Series A round.

The round was actively backed by Fly Ventures, Push Ventures , Promus Ventures, and Speedinvest. Some corporate investors such as DB Schenker via Schenker Ventures, HHLA Next, and Krone also joined the round.

[{"selector":"#anim-38d8e7cd-751f-43bc-b98f-e88346e9a9dd","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a678880a-9d03-4c87-811a-07a909ceb53a","keyframes":{"transform":["translate3d(-260.6557%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Founder Fernride, Maximilian Fisser, Hendrik Kramer, and Jean-Michael Georg said that the raised funds will enable us to update our trucking system and expansion across globe.

Munich-based Fernride Raised $31M Series A

READ MORE Business News

Impact Analytics CPG Raised $40M

SJSemi Raises $340M Series C+