GoKawiilGatik lands $200M round after PepsiCo autonomous trucking deal
Autonomous box-truck startup Gatik has raised $200 million, its largest round yet, led by Qatar Investment Authority and Koch Disruptive Technologies with backing from Millennium Management, ARK Invest, and Intact Private Capital. The raise comes two months after Gatik signed a multi-year commercial agreement with PepsiCo, bringing its total funding since 2019 to roughly $500 million. The company did not disclose its current valuation.
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The investment signals growing confidence that Gatik's narrow focus on short-haul, 'middle-mile' driverless delivery can scale commercially in a market crowded with robotaxi and long-haul trucking competitors. With institutional money from sovereign wealth and hedge funds rather than typical venture rounds, Gatik appears positioned to expand its driverless fleet and customer base across more cities, potentially setting a template for profitable autonomous freight operations.
- Gatik raised $200 million, its largest funding round to date, from QIA, Koch Disruptive Technologies, and others.
- The round follows a multi-year PepsiCo partnership and brings total funding to about $500 million since 2019.
- Gatik plans to expand its driverless box-truck operations to more cities and eventually beyond North America.
Autonomous Driving Book: "Autonomy" by Lawrence Burns — If Gatik's leap from pilot programs to full driverless freight has you curious how the industry got here, Lawrence Burns' Autonomy tells the inside story of the race to build self-driving vehicles. It's a great companion read for understanding why investors keep pouring hundreds of millions into companies like Gatik.
See Autonomous Driving Book: "Autonomy" by Lawrence Burns on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Kirsten Korosec, 2026-08-25
Published there as: “Self-driving truck startup Gatik raises $200M following PepsiCo deal”
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