Swiss self-driving car firm Embotech raised $27 million in a Series A funding to expand autonomous driving solutions for logistics in Europe and the U.S.

Dec 12, 2024•about 1 year ago

Amount Raised

$27 Million

Round Type

series a

ZurichConsultingLogistics

Description

Embotech, a Swiss startup specializing in self-driving technology, has successfully raised $27 million to enhance its Automated Vehicle Marshalling and Autonomous Terminal Tractor solutions. The new funding will facilitate the rollout of its solutions across Europe and into U.S. markets by 2025.

Company Information

Company

Embotech

Location

Zurich, Zurich, Switzerland

About

Embotech is an award-winning provider of cutting-edge autonomous driving solutions for logistics, with a focus on Automated Vehicle Marshalling (AVM) in passenger car factories and Autonomous Terminal Tractors (ATT) at port terminals and logistic centers. The company delivers safe and reliable autonomous transportation by leveraging the real-time optimization technology it has been developing since 2013.

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Swiss self-driving car firm Embotech raised $27 million in a Series A funding to expand autonomous driving solutions for logistics in Europe and the U.S.

Description

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