| Founded | 2018 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Logistics |
| Collapse type | Sudden Collapse |
Outrider
"Outrider raised 110 million dollars from UPS Ventures and CEVA Logistics to automate distribution yard trucking — and shut down in September 2023 after the autonomous vehicle funding winter hit and its technology was not yet ready for commercial deployment."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Outrider focused on automating the unglamorous yard truck — the vehicles that shuffle trailers around distribution centers.
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