Assembly Line

🧠🚜 Driverless in the field: Agriculture companies Krone and Lemken rely on software from Apex.AI for autonomous farming machines

📅 Date:

🔖 Topics: Partnership

🏢 Organizations: Apex AI, Krone, Lemken

Apex.AI, a company that develops safety-certified software for mobility and autonomous applications, announced today a joint product development project for commercial-ready autonomous farming systems with Krone, a manufacturer of agricultural machinery and precision agricultural technology, and Lemken, a company that manufactures innovative machines for tillage, sowing and sustainable plant care. The ‘Combined Powers’ concept vehicle, which was developed by Krone and Lemken, is an autonomous drive unit that acts as a smart system that can plow, cultivate, sow, mow, turn and swath. The companies are now transitioning the concept carrier vehicle from the prototype stage to series production by leveraging Apex.AI’s Software Development Kit (SDK), consisting of Apex.Grace and Apex.Ida.

Read more at PR Newswire

🚛 FERNRIDE raises $31 million to scale operations and advance its teleoperated trucking platform

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: FERNRIDE, Krone

German autonomous trucking company FERNRIDE announces it has raised $31 million in Series A funding. Customers include Volkswagen, DB Schenker, BSH, and HHLA, operating over 1,000-yard trucks in Europe alone. Yard trucks operate on private sites, moving cargo from A to B, such as moving containers between two halls on-site at a one to two-kilometre distance 100 times a day.

FERNRIDE is funded by venture capital firms 10x Founders, Promus Ventures, Fly Ventures, Speedinvest, and Push Ventures, along with corporate investors, such as HHLA Next, DB Schenker via Schenker Ventures and Krone. The latest funding will be used to scale FERNRIDE’s operations with existing and new customers globally and boost its technological development.

Read more at PR Newswire