Story of FERNRIDE: Develop teleoperation technology for autonomous vehicles

Story of FERNRIDE: Develops Teleoperation Technology for Autonomous Vehicles

Story of FERNRIDE: develops teleoperation technology for autonomous vehicles#startup#AI Story#entrepreneur#age#net worth#investor#funding#FERNRIDE

Story of FERNRIDE:

Founding and Vision

FERNRIDE, based in Munich, Germany, was founded in 2019 by Hendrik Kramer, Maximilian Fisser, and Jean-Michael Georg. The company develops teleoperation technology for autonomous vehicles, enabling human operators to control trucks remotely. Its focus is on making logistics, agriculture, and construction safer and more efficient.

Teleoperation as a Solution

With Europe facing a severe shortage of truck drivers—currently around 400,000 and expected to rise to 2 million by 2026—FERNRIDE’s teleoperation platform offers a practical answer. Operators can remotely manage multiple trucks simultaneously, bridging the gap between current trucking and fully autonomous systems.

Early Customers and Operations

FERNRIDE works with major clients like Volkswagen, DB Schenker, BSH, and HHLA, operating over 1,000 yard trucks across Europe. These trucks move cargo on private sites, often covering short distances multiple times a day, where teleoperation is especially effective.

Incremental Approach to Autonomy

Unlike companies rushing into open-road autonomous trucking, FERNRIDE focuses on private industrial sites first. This strategy allows them to deploy thousands of trucks, gather operational data, and earn regulatory trust while incrementally expanding capabilities.

Story of FERNRIDE: develops teleoperation technology for autonomous vehiclesstartup#AI Story#entrepreneur#age#net worth#investor#funding#FERNRIDE

Challenges in Autonomous Trucking

The autonomous trucking industry has faced significant hurdles. Companies like TuSimple, Embark, and Nikola have struggled with technology and workforce issues, highlighting the complexity of moving heavy trucks at high speeds and predicting dynamic road conditions.

Technology and Expertise

FERNRIDE combines a decade of R&D with expertise from automotive and autonomous vehicle industries. The team includes senior professionals from BMW, MAN, Mobileye, and Argo.AI, ensuring a robust foundation in both hardware and software for teleoperated trucks.

Training and Integration

The company offers professional remote operator training and detailed playbooks for integrating teleoperation with customer IT systems and operational processes. Partnerships with vehicle manufacturers strengthen their hardware capabilities.

Funding and Growth

FERNRIDE has raised $60.8 million in Series A funding from investors like SpeedInvest, Bayern Kapital, DeepTech & Climate Fonds, 10x Founders, and corporate backers including DB Schenker and HHLA Next. The funds will support scaling operations and expanding the teleoperation platform.

Operational Advantages

By starting on private sites, FERNRIDE allows operators to manage multiple trucks safely and efficiently, improving logistics performance and addressing driver shortages immediately. Their incremental approach ensures that both customers and regulators are confident in the technology.

Future Outlook

FERNRIDE aims to gradually expand its teleoperation technology beyond industrial sites, ultimately enabling wider adoption of autonomous trucking. By combining data, experience, and regulatory trust, the company is positioned to transform logistics while addressing the pressing driver shortage in Europe.

Timeline of FERNRIDE

  • 2019 – FERNRIDE founded in Munich, Germany by Hendrik Kramer, Maximilian Fisser, and Jean-Michael Georg.
  • 2019–2021 – Develops teleoperation platform for yard, last-mile, and long-haul trucks.
  • 2021 – Gains first enterprise customers including Volkswagen, DB Schenker, and HHLA.
  • 2022 – Expands operations with over 1,000 teleoperated yard trucks in Europe.
  • Series A Funding – Raises $60.8 million from VC and corporate investors to scale operations.
  • 2023 – Focuses on private industrial sites, deploying multiple trucks per operator and collecting operational data.
  • Training Programs – Introduces remote operator training and integration playbooks.
  • Future Goal – Expand teleoperation beyond private sites to gradually achieve wider autonomous trucking adoption.

Story of FERNRIDE: develops teleoperation technology for autonomous vehiclesstartup#AI Story#entrepreneur#age#net worth#investor#funding#FERNRIDE

Previous Post Next Post

Contact Form