Insider Brief Humble Robotics has raised $51 million in Series A funding to develop and test its cabless autonomous electric freight vehicles, bringing total funding to $75 million less than a year after its founding.
Humble Robotics has raised $51 million in Series A funding to advance development and testing of its cabless autonomous electric freight vehicles, bringing its total funding to $75 million less than a year after the company’s founding.
Expanding Testing and Vehicle Development The funding will support several areas of development: Customer pilots: Expanding testing and validation of the company’s autonomous freight technology.
Manufacturing: Establishing early production capabilities for its electric vehicles.
The company also pointed out that it is developing systems that can be integrated into existing freight operations, allowing businesses to adopt autonomous electric vehicles without replacing their logistics infrastructure.