Baton Announces $10.5M Series A Funding

25 Mar, 2021

Baton Announces $10.5M Series A Funding
Photo by Alejandro Escamilla on Unsplash

– Baton, an autonomous trucking company, has closed a $10.5m Series A round of funding.
– The round was co-led by 8VC and Maersk Growth–the corporate venture arm of AP Moller-Maersk, the global leader in transportation and logistics.
– Baton both paves the way for the adoption of autonomous vehicles in trucking and solves the largest and most well-known problem in the industry: the over two billion hours lost annually due to dwell and detention.

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