• Intramotev

  Participated · Series A · Aug 2024

  Intramotev develops autonomous, zero-emission battery-electric railcars (TugVolt and Revolt) designed to move freight without traditional locomotives. Its self-propelled TugVolt units can operate independently in captive, point-to-point use cases and be rapidly expanded across the existing 140,000 miles of U.S. track without additional infrastructure. The company aims to decarbonize and improve asset utilization in the freight supply chain that moves about $690B worth of goods by rail annually in the U.S. Intramotev plans to continue deploying its technology to customers across the U.S. and abroad. The company was founded in 2020 in St. Louis, MO, by Tim Luchini, PhD, Corey Vasel, and Alex Peiffer. It recently closed a $14M Series A to support those deployment plans. Intramotev is developing autonomous, zero-emission rail vehicles and rail-autonomy software aimed at transforming freight movement. The company is building a commercial demonstration vehicle and proprietary autonomy software to reduce reliance on diesel locomotives and improve asset utilization. Its technology targets traditional freight rail as well as applications in mining, ports, and intermodal freight movement. Intramotev says its solutions will help decarbonize the supply chain and address capacity constraints in existing freight infrastructure. Founded in 2020 in Saint Louis, MO, by Tim Luchini, Corey Vasel, and Alex Peiffer, the company emphasizes reducing diesel use for the roughly $690B of goods moved by rail annually in the U.S. Idealab NY incubated Intramotev and the company cites potential to lessen the roughly 37 million metric tons of greenhouse gases locomotives emit annually.

No current team members are available.