Gatik raises $200M to scale AI-powered autonomous freight

Autonomous trucking company Gatik has raised $200 million in Series D funding to expand its driverless freight operations across North America. The round was led by Qatar Investment Authority and Koch Disruptive Technologies, with participation from Millennium Management, ARK Invest, Intact Private Capital, and other investors.

Gatik said it has more than $600 million in contracted revenue and has completed 85,000 fully driverless orders. The company reported a 99% on-time delivery rate across its operations.

Its trucks currently move goods between distribution centres and stores across regional networks in Texas, Arizona, Arkansas, and Canada. Gatik operates dozens of fully driverless trucks and says it plans to expand the fleet to thousands over the coming years.

A Gatik spokesperson told Reuters that the company is targeting more than 100 driverless trucks by the end of 2026. Gatik plans to use the new capital to expand commercial operations and its fleet while continuing to invest in technology, infrastructure, and its workforce.

From fixed routes to dynamic freight networks

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