Munich-based Fernride Raised $31M Series A

Adin Ermie

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.

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.