Outrider reins in $65 million to automate distribution yards

The freight industry is inching closer to electrification and autonomy, and much of the action is taking place in the distribution yard.

Among the beneficiaries is Outrider, a startup that automates operations for logistics hubs. 

On Wednesday, the Golden, Colorado-based company announced it had closed $65 million in Series B funding. Koch Disruptive Technologies led the round, with participation from existing investors NEA, 8VC and Prologis Ventures. New investors included Henry Crown and Company and Evolv Ventures. 

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