Gatik brings in $200M to continue expanding autonomous trucking operations
Gatik automates regional transformation for a range of customers, including PepsiCo, Kroger, Tyson Foods, and Georgia-Pacific. | Source: Gatik Gatik AI Inc. yesterday said it has raised $200 million in Series D funding. The company said it plans to use the investment to accelerate driverless commercial freight across Fortune 50 retail, consumer packaged goods, and grocery supply chains. Mountain View, Calif.-based Gatik said its AI-first autonomous vehicle (AV) technology is purpose-built for us
Gatik AI Inc. has raised $200 million in Series D funding to expand its autonomous truck operations. The company operates self-driving trucks on regional routes between distribution centers and stores for major customers in retail, consumer packaged goods, and grocery supply chains. Gatik's technology is designed to handle high-frequency regional networks where routes are time-sensitive and operationally complex, allowing customers to add capacity and improve service levels. The company currently has dozens of driverless trucks operating across North America, has completed 85,000 fully driverless orders, and reports more than $600 million in contracted revenue.
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Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
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Also reported by SiliconANGLE
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Also reported by TechCrunch and The Verge
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