Gatik Raises $200 Million Series D

<p><strong>SANTA CLARA<&sol;strong> &&num;8212&semi; Gatik&comma; a company specializing in autonomous trucking&comma; has announced &dollar;200 million in financing as demand accelerates for driverless commercial freight across Fortune 50 retail&comma; grocery and CPG supply chains&period; The Series D round was led by Qatar Investment Authority &lpar;QIA&rpar; and Koch Disruptive Technologies &lpar;KDT&rpar;&comma; with participation from Millennium Management&comma; ARK Invest&comma; Intact Private Capital and others&period;<&sol;p>&NewLine;<p>Gatik has built one of the most commercially advanced businesses in autonomous freight&comma; with more than &dollar;600 million in contracted revenue&comma; 85&comma;000 fully driverless orders completed&comma; and 99&percnt; on-time delivery across its operations&period; Its trucks move goods across high-frequency regional networks between distribution centers and stores&comma; giving customers a reliable way to add capacity&comma; improve service levels and keep products moving&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This round&comma; led by some of the world’s leading financial institutions&comma; is a clear validation of Gatik’s commercial leadership in autonomous freight&comma;” said <b>Gautam Narang&comma; CEO and Co-founder of Gatik<&sol;b>&period; &OpenCurlyDoubleQuote;We have built Gatik with real revenue&comma; deep customer demand&comma; and AI-driven autonomous technology proven every day in live supply chains&period; This round gives us the capital to scale with speed and discipline&comma; serve the world’s largest companies&comma; and define the future of autonomous freight&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Autonomous freight is transforming the global logistics industry&comma; making it more efficient and reliable&comma;” said <b>Abdulla Al-Kuwari&comma; Head of Industrials at QIA<&sol;b>&period; &OpenCurlyDoubleQuote;QIA is committed to supporting next-generation solutions providers like Gatik that are shaping the future of freight infrastructure&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We&&num;8217&semi;ve long believed autonomous freight has the potential to improve the efficiency and reliability of supply chains&comma;” said<b> Byron Knight&comma; President of Koch Disruptive Technologies<&sol;b>&period;<b> <&sol;b>&OpenCurlyDoubleQuote;What we&&num;8217&semi;re seeing today is autonomy moving beyond a promising technology into real-world commercial operations&period; Gatik has demonstrated a practical approach to that transition&comma; and we look forward to supporting the company&&num;8217&semi;s continued growth&period;”<&sol;p>&NewLine;<p>The latest financing round will help Gatik expand a model built around one of the most commercially compelling applications of autonomy&colon; high-frequency regional routes that connect distribution centers and stores&period; These routes are time-sensitive&comma; operationally complex and essential to keeping shelves stocked as customer expectations shift toward faster&comma; more predictable access to everyday products&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Autonomous freight is reaching an inflection point as AI and robotics converge to transform the transportation ecosystem&comma;” said <b>Cathie Wood&comma; Founder&comma; CEO&comma; and CIO of ARK Invest<&sol;b>&period; &OpenCurlyDoubleQuote;The companies creating durable value will be those that translate breakthrough innovation into scalable commercial execution&period; Gatik has demonstrated that autonomous trucking is moving beyond experimentation into commercially viable operations with growing customer adoption&period; We believe the company is well positioned to help forge the future of freight transportation&period;”<&sol;p>&NewLine;

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