Gatik raises $200M to scale driverless delivery trucks
Gatik raised $200 million in a funding round led by Qatar Investment Authority and Koch Disruptive Technologies, with participation from Millennium Management, ARK Invest, and Intact Private Capital. The company, which specializes in driverless middle-mile delivery, recently signed a multi-year deal with PepsiCo. Gatik has now raised about $500 million since its 2019 launch and operates fully driverless commercial routes.
Gatik's focus on middle-mile logistics—the segment between distribution centers and retail stores—sets it apart from competitors pursuing robotaxis or long-haul trucking. The company's box trucks, built on Isuzu chassis, began with fixed routes under ten miles and now handle dynamic routes spanning up to 400 miles across multiple pickup and drop-off points. Its customer roster includes Walmart, its first disclosed partner, alongside Loblaws, Kroger, and Tyson Foods.
The startup's third-generation vehicles operate around the clock on surface streets and highways, managing light rain and snow without safety drivers. With roughly 350 employees and $600 million in contracted revenue, the new capital will fund engineering hires and market expansion, with Narang signaling potential growth beyond North America.
This funding could accelerate the commercialization of driverless freight, potentially reshaping supply chains and warehouse-to-store logistics. Businesses may benefit from lower labor costs and round-the-clock delivery capacity, while workers in driving and distribution roles could face job displacement pressures. Cities might see changes in traffic patterns and road safety as autonomous trucks become more common on suburban and highway routes. The involvement of sovereign wealth and major institutional investors suggests confidence that middle-mile autonomy is approaching broad viability, which may influence how quickly competitors and regulators respond.