Outrider Raises $62M To Power Scaling Of Logistics Yard Autonomy [Forbes]
SUMITOMO CORP S/ADR (SSUMY)
NASDAQ:AMEX Investor Relations:
sumitomocorp.co.jp/en/ir
Company Research
Source: Forbes
Outrider , a provider of autonomous yard operations for logistics hubs, announced that the company has raised $62 million in an oversubscribed Series D financing round. Led by Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA), additional investments came from 8VC, ARK Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures (NVIDIA's venture capital arm), and Prologis Ventures. According to Outrider, this funding will drive the commercial scaling of their autonomous yard-operations-as-a-service. This will occur in 2025 with Fortune 500 customers, which Outrider sees as solidifying its position at the forefront of logistics automation. Other investors joining the Series D financing are Goose Capital; Lineage Ventures, the investment strategy of Lineage, Inc.; Presidio Ventures, the venture capital arm of Sumitomo Corporation; and Service Provider Capital. Outrider has raised $250 million in equity capital to date. Since securing $73 million in Seri
Show less
Read more
Impact Snapshot
Event Time:
SSUMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SSUMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SSUMY alerts
High impacting SUMITOMO CORP S/ADR news events
Weekly update
A roundup of the hottest topics
SSUMY
News
- FPT and SCSK to Form Joint Venture, Revolutionizing Japan's Legacy Systems and Talent Landscape [Yahoo! Finance]Yahoo! Finance
- Inocras and Summit Pharmaceuticals International Corporation Announce Collaboration Aim to Transform Clinical Genomics in Japan [Yahoo! Finance]Yahoo! Finance
- Sumitomo Corp H1 net profit down 11% at 254 billion yen [Yahoo! Finance]Yahoo! Finance
- Outrider Closes $62 Million Series D Financing to Drive Growth of Yard AutomationPR Web
- Yinson Production finalises sale of 11.8% stake in FPSO Anna Nery [Yahoo! Finance]Yahoo! Finance