Outrider, a Golden, Colo.-based startup developing Level 4 autonomous yard trucks, closed $65 million in Series B funding today. Named one of The Robot Report‘s Robotics Startups to Watch in 2020, Outrider has now raised $118 million raised to date. It closed its Series A in February 2020.
Outrider said the new funding will help the company continue to scale. The company transforms electric yard trucks, sourced from OEM partners, into autonomous vehicles. Today, there are 50,000-plus diesel yard trucks operating in North America.