Karl Power secures $100M in Series B financing, led by Horizon Robotics and Banyan Capital, to scale unmanned long-haul freight operations.
Amount Raised
$100 Million
Round Type
Series B
Investors
Description
On March 2nd, Karl Power announced the completion of a Series B financing round exceeding $100 million. The funds will be mainly used for the large-scale implementation of unmanned long-haul freight. Karl Power expects to deploy 1,000 autonomous trucks within this year. This financing round was jointly led by Horizon Robotics and Banyan Capital.
Who else raised in Transportation and Supply Chain Management around the same time
Companies in the same sectors as Karl Power that raised within 45 days of this round, from Fundz verified event records.
- Shadowfax raised $93M (IPO) on January 19, 2026.
- Loop raised $95M (Series C) on April 17, 2026.
- Outrider raised $22M on April 13, 2026.
- Impulse Space raised $500M (Series D) on April 8, 2026.
- Manna raised $50M (Series B) on April 1, 2026.
- Tenkara Labs raised $7M (Funding Round) on March 31, 2026.
Who to call at Karl Power, and when
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Funding Insights
What this usually meansKarl Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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