Gatik Raises $200 Million to Expand Driverless Truck Fleet

Autonomous trucking startup Gatik has raised $200 million in its largest funding round yet, with the deal led by Qatar Investment Authority and Koch Disruptive Technologies. The round also included investors such as Millennium Management, ARK Invest and Intact Private Capital, and brings the company’s total capital raised to about $500 million. Gatik, which runs driverless box trucks on commercial routes, said the money will support expansion of its fleet and operations as demand for autonomous freight grows. The financing underscores rising investor interest in self-driving logistics, a sector that could reshape middle-mile delivery for retailers and shippers.