Gatik automates regional transformation for a spread of consumers, together with PepsiCo, Kroger, Tyson Meals, and Georgia-Pacific. | Supply: Gatik
Gatik AI Inc. yesterday stated it has raised $200 million in Sequence D funding. The corporate stated it plans to make use of the funding to speed up driverless business freight throughout Fortune 50 retail, client packaged items, and grocery provide chains.
Mountain View, Calif.-based Gatik stated its AI-first autonomous automobile (AV) expertise is purpose-built to be used throughout highways and floor streets. Its autonomous vans use dynamic routes to assist clients reply to altering demand, distribution middle exercise, and pickup and drop-off wants throughout business networks.
“This spherical, led by among the world’s main monetary establishments, is a transparent validation of Gatik’s business management in autonomous freight,” said Gautam Narang, co-founder and CEO of Gatik. “We’ve constructed Gatik with actual income, deep buyer demand, and AI-driven autonomous expertise confirmed each day in reside provide chains. This spherical offers us the capital to scale with pace and self-discipline, serve the world’s largest corporations, and outline the way forward for autonomous freight.”
Gatik autonomous truck fleet is rising
Gatik stated it has greater than $600 million in contracted income, accomplished 85,000 absolutely driverless orders, and 99% on-time supply throughout its operations. With dozens of driverless vans already working as we speak throughout North America, the company plans to increase to 1000’s within the years forward.
The corporate’s trucks transfer items throughout high-frequency regional networks between distribution centers and shops. It stated this provides clients a dependable approach so as to add capability, enhance service ranges, and preserve merchandise transferring.
In June, Gatik stated it has expanded its multi-year strategic partnership with PepsiCo. The corporate’s first deployment with PepsiCo was in 2022.
Gatik has already carried out operations for PepsiCo throughout Texas, Arizona, and Arkansas. The brand new partnership focuses on PepsiCo’s regional transportation networks, the place Gatik strikes merchandise day by day from web site to web site.
Register now and save in your go to RoboBusiness 2026Funding to place extra self-driving vans on regional routes
Qatar Funding Authority (QIA) and Koch Disruptive Applied sciences (KDT) led Gatik’s Sequence D spherical. Millennium Administration, ARK Make investments, Intact Personal Capital and others additionally participated.
“We’ve lengthy believed autonomous freight has the potential to enhance the effectivity and reliability of provide chains,” stated Byron Knight, president of Koch Disruptive Applied sciences. “What we’re seeing as we speak is autonomy transferring past a promising expertise into real-world business operations. Gatik has demonstrated a sensible strategy to that transition, and we sit up for supporting the corporate’s continued development.”
Gatik stated the newest funding will assist increase its mannequin constructed round high-frequency regional routes that join distribution facilities and shops. These routes are time-sensitive, operationally complicated, and important to conserving cabinets stocked as buyer expectations shift towards sooner, extra predictable entry to on a regular basis merchandise, famous the corporate.
The publish Gatik brings in $200M to proceed increasing autonomous trucking operations appeared first on The Robotic Report.
