Autonomous yard trucking startup drives out of stealth with $53M in Series A

The mission is to make the yard environment cleaner and more efficient, Outrider CEO says.

An autonomous yard trucking startup has come out of stealth, announcing $53 million in Series A and seed funding rounds led by investment groups NEA and 8VC.

Previously known as Azevtec, Outrider is taking on Level 4 autonomous yard trucks plus robotics with the goal of “completely re-defining” the yard environment, according to CEO and founder Andrew Smith.

Distribution yards play a key role in the supply chain, keeping trailers full of freight moving quickly in the space between the warehouse doors and public roads.

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