Skip to main content

Share story

Capital Infrastructure

Humble emerges with $24M seed for cabless autonomous electric freight truck

Humble Hauler docks in a transport hub Image: Primary
Autonomous trucking startup Humble emerged from stealth with a $24 million seed round and unveiled a fully electric, cabless freight vehicle called the Humble Hauler. The San Francisco-based company's vehicle is designed for standard 40-foot and 53-foot shipping containers and operates dock-to-dock, unloading cargo at destinations rather than dropping trailers. Humble's cabless design provides 360-degree sensor coverage using cameras, LiDAR and radar while increasing payload capacity. Eclipse led the seed round with participation from Energy Impact Partners. Humble CEO Eyal Cohen, who helped build autonomous freight company Otto and sold SparkAI to John Deere in 2023, said removing the cab allows the company to "rethink the whole vehicle for an autonomous future." The company's autonomy system uses vision-language-action models rather than traditional rule-based approaches. Humble built its first prototype in approximately six months with a team drawn from Tesla, Waymo, Cruise, Apple and Uber. Jiten Behl, an Eclipse partner and Humble board member who previously served as Rivian's Chief Strategy Officer, said the pitch to logistics operators focuses on potential 30-50% efficiency gains. "When you go to them and say there is a possibility of 30 to 50% more efficiency in your business, you're obligated to take it to your management team," Behl told Fortune. The U.S. truck freight market represents a $906 billion industry, with the autonomous freight segment projected to reach $3.25 billion by 2035. Humble has been engaging with federal regulators including the National Highway Traffic Safety Administration as autonomous trucking legislation moves through Congress.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Fortune and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

Robotics Capital
Robotics Capital

Bedrock Robotics raises $600M at a $4.1B valuation

Bedrock Robotics raised a $600M Series C at a $4.1B valuation, Bloomberg reported. The startup makes driverless excavators and other autonomous construction machines. The financing adds capital to a company developing autonomous ...

Capital
Capital

Matiks raises $10 million to expand puzzle games and game creation

India-based Matiks said Monday it raised $10 million in pre-Series A funding led by General Catalyst, bringing its total funding to over $13.5 million. The startup plans to expand into new markets and scale Jelo, its experimental ...

AI Products
AI Products

AWS makes GPT-6.1 Terra generally available on Bedrock

AWS announced general availability of OpenAI's GPT-6.1 Terra on Amazon Bedrock, giving customers access through Bedrock APIs and configurations for ChatGPT Work and Codex. The model accepts text and images and supports up to 1 mil...

AI
AI

OpenAI releases GPT-6.1 Terra at $1 per million input tokens

OpenAI has released GPT-6.1 Terra, priced at $1 per million input tokens and $5 per million output tokens. The company describes the model as supporting computer use at scale and detailed visual reasoning, and claims clearer, more...