Self-driving truck startup Gatik has raised $200 million in its largest funding round to date, following a deal with PepsiCo. The investment was led by Qatar Investment Authority and Koch Disruptive Technologies.
Gatik, a company focused on autonomous middle-mile logistics, announced the $200 million funding round. This marks the company’s largest funding round yet, according to TechCrunch. The funding was led by Qatar Investment Authority and Koch Disruptive Technologies.
The investment follows a partnership with PepsiCo to deploy Gatik’s self-driving trucks for short-haul, repeatable routes. While the source does not detail the specifics of the PepsiCo deal, the funding suggests continued investment in and expansion of this collaboration. The company aims to improve efficiency and safety in the logistics sector through its autonomous technology.
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