Overview
- Gatik announced the $200 million Series D round on Tuesday, led by the Qatar Investment Authority and Koch Disruptive Technologies with participation from Millennium Management, ARK Invest and Intact Private Capital.
- The company says it has more than $600 million in contracted revenue and has completed roughly 85,000 fully driverless orders with about 99 percent on‑time delivery while operating dozens of driverless box trucks in U.S. and Canadian markets.
- Gatik will use the new capital to expand its commercial operations, hire staff, grow its fleet and invest in its Gatik Driver technology with a near‑term target of more than 100 driverless trucks by the end of 2026 and a plan to scale to thousands over several years.
- QIA’s lead role alongside Koch brings patient sovereign and industrial capital to the cap table, which investors say shifts the risk profile for deep‑tech logistics by backing firms that already have contracted revenue and live operations.
- Gatik’s focus on short, repeated ‘middle‑mile’ routes between distribution centers and stores reduces technical complexity compared with long‑haul autonomy and could lower costs and improve shelf replenishment, though wider roll‑out will test regulatory, operational and workforce challenges.