Each year in the US alone, goods worth over $690bn are moved by a fleet of 1.6 million railcars. On any given day, 900,000 of these railcars don't move at all. And on every single leg of its journey, a loaded railcar will sit idle for an average of 24.6 hours - just waiting for a locomotive. For locomotives to move these railcars, 3.5 billion gallons of diesel are consumed annually.
intramotev is building a future where no railcar needs to sit idle waiting for a locomotive, and not a gallon of diesel is burned to move them.
Our autonomous zero-emissions vehicles will revolutionize the future of freight in applications like mining, intermodal, port, and other industries.
intramotev is building a future where no railcar needs to sit idle waiting for a locomotive, and not a gallon of diesel is burned to move them.
Our autonomous zero-emissions vehicles will revolutionize the future of freight in applications like mining, intermodal, port, and other industries.
Location: United States, Illinois, St. Louis
Employees: 11-50
Total raised: $14.4M
Founded date: 2020
Investors 3
| Date | Name | Website |
| - | Plug and P... | plugandpla... |
| 03.05.2023 | futureland... | futureland... |
| 15.09.2024 | Collide Ca... | collidecap... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 19.08.2024 | Series A | $14.4M | - |
Mentions in press and media 5
| Date | Title | Description |
| 19.08.2024 | Intramotev: Battery-Electric Railcar Retrofit Company Raises $14.4 Million (Series A) | Intramotev, a technology company building battery-electric railcar retrofits, announced it had closed a $14.4 million oversubscribed Series A funding round. This funding round was led by Flybridge Capital Partners and Alpaca VC, and joined ... |
| 15.08.2024 | Intramotev Raises $14M in Series A Funding | Intramotev, a St Louis, MO-based company that develops autonomous, battery-electric railcars designed to transport freight without traditional locomotives, raised $14m in Series A funding. The round was co-led by Flybridge Capital Partners ... |
| 24.05.2023 | Full-Stack Startups in American Dynamism | The full-stack startup, as previously written about by our partner Chris Dixon, is an approach taken by some startups to bypass incumbents by building a complete, end-to-end product or service. This approach is in contrast to the traditiona... |
| 04.11.2021 | Intramotev Receives Investment From Idealab X to Accelerate Development of Autonomous and Zero-Emissions Freight Rail Technologies | ST. LOUIS, Nov. 4, 2021 /PRNewswire/ -- Intramotev, a technology company developing autonomous zero-emissions rail solutions, announced today that it has closed investment from Idealab X, the early stage venture capital fund. The infusion o... |
| - | Intramotev Autonomous Rail | “Ready for independence Self-sufficiency that unchains the 1,000,000 railcars sitting idle every day on our nation’s 140,000 miles of track. Ready to lower emissions and congestion Reducing greenhouse gases, relieving congested roadways and... |