InfraBridge Invests in Remote Operation Technology for Logistics Vehicles

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InfraBridge, a division of DigitalBridge Group, Inc. (NYSE: DBRG), dedicated to investing in mid-market businesses in transportation and logistics, digital infrastructure, and energy transition, yesterday announced it has invested in Phantom Auto, a provider of human-centered remote operation software.

InfraBridge’s investment in Phantom Auto is being made through its operating company, ConGlobal, which is focused on delivering advanced solutions for terminal operators, by terminal operators, and making supply chain endpoints and first mile/last mile cargo movements safer and more effective, efficient, sustainable, and resilient for the employees, customers, communities, and shareholders it serves. As part of the investment agreement, Brant Ring, ConGlobal CEO, will join the Phantom Auto Board of Directors.

“Becoming the world’s go-to experts in terminal operations requires using our expertise to build lasting solutions and capabilities for all of those in our care,” Ring said. “This partnership and the human-centered capability that we are developing and deploying with Phantom Auto fits squarely within that requirement and our daily mission to take care of each other, our customers, and our business.”

InfraBridge is an infrastructure investment manager dedicated to investing in mid-market businesses in transportation and logistics, digital infrastructure, and energy transition, among other key sectors. InfraBridge is headquartered in London, United Kingdom.

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