Intramotev Raises $14 Million for Autonomous Rail Tech, Seeking Partnerships and R&D Support
Intramotev Raises $14M in Series A Funding
Intramotev secures $14M in Series A Funding for Autonomous Rail Technology
Intramotev (Linkedin) is revolutionizing the rail freight industry with their autonomous, battery-electric railcars. With $14 million in Series A funding, co-led by Flybridge Capital Partners and Alpaca VC, Intramotev aims to decarbonize the supply chain and enhance asset utilization in the $690 billion US rail freight market.
Funding Amount: $14 million
Industry: Railroad Equipment Manufacturing
Employee Count: 11-50
CEO: Timothy Luchini (CEO Linkedin)
What Intramotev needs to buy: Intramotev is seeking partnerships with freight transportation companies, logistics and supply chain firms, and rail operators to deploy their autonomous rail technology. They are also interested in collaborating with tech firms for further innovation in battery technology and autonomous systems. Sales reps with expertise in the freight and logistics sectors can effectively reach out to potential customers and support Intramotev's growth and market penetration.