SANTA CLARA, Calif. - Tuesday, 25. August 2026
(BUSINESS
WIRE)--Gatik, the leader in autonomous trucking, today announced $200
million in financing as demand accelerates for driverless commercial
freight across Fortune 50 retail, grocery and CPG supply chains. The
Series D round was led by Qatar Investment Authority (QIA) and Koch
Disruptive Technologies (KDT), with participation from Millennium
Management, ARK Invest, Intact Private Capital and others.
Gatik
has built one of the most commercially advanced businesses in autonomous
freight, with more than $600 million in contracted revenue, 85,000
fully driverless orders completed, and 99% on-time delivery across its
operations. Its trucks move goods across high-frequency regional
networks between distribution centers and stores, giving customers a
reliable way to add capacity, improve service levels and keep products
moving.
“This round, led by some of the world’s leading financial
institutions, is a clear validation of Gatik’s commercial leadership in
autonomous freight,” said Gautam Narang, CEO and Co-founder of Gatik.
“We have built Gatik with real revenue, deep customer demand, and
AI-driven autonomous technology proven every day in live supply chains.
This round gives us the capital to scale with speed and discipline,
serve the world’s largest companies, and define the future of autonomous
freight.”
“Autonomous freight is transforming the global
logistics industry, making it more efficient and reliable,” said Abdulla
Al-Kuwari, Head of Industrials at QIA. “QIA is committed to supporting
next-generation solutions providers like Gatik that are shaping the
future of freight infrastructure.”
“We've long believed
autonomous freight has the potential to improve the efficiency and
reliability of supply chains,” said Byron Knight, President of Koch
Disruptive Technologies. “What we're seeing today is autonomy moving
beyond a promising technology into real-world commercial operations.
Gatik has demonstrated a practical approach to that transition, and we
look forward to supporting the company's continued growth.”
The
latest financing round will help Gatik expand a model built around one
of the most commercially compelling applications of autonomy:
high-frequency regional routes that connect distribution centers and
stores. These routes are time-sensitive, operationally complex and
essential to keeping shelves stocked as customer expectations shift
toward faster, more predictable access to everyday products.
“Autonomous
freight is reaching an inflection point as AI and robotics converge to
transform the transportation ecosystem,” said Cathie Wood, Founder, CEO,
and CIO of ARK Invest. “The companies creating durable value will be
those that translate breakthrough innovation into scalable commercial
execution. Gatik has demonstrated that autonomous trucking is moving
beyond experimentation into commercially viable operations with growing
customer adoption. We believe the company is well positioned to help
forge the future of freight transportation.”
“We are no longer
debating the potential of autonomous trucking. This category will be led
by the companies that have proven technology, rigorous safety standards
and the commercial discipline to operate at scale,” said Justin
Smith-Lorenzetti, Managing Director, Intact Private Capital. “Gatik has
built that foundation over years of operating inside complex customer
supply chains. We have tripled our commitment with this latest round,
driven by the conviction that Gatik has the execution record, customer
traction and technical maturity to be the leader in autonomous freight
across North America.”
Gatik’s AI-first AV technology is
purpose-built for autonomous trucking across highways and surface
streets. Its driverless trucks use dynamic routes to help customers
respond to changing demand, distribution center activity and pickup and
drop-off needs across commercial networks.
With dozens of
driverless trucks already operating today across North America, the
company plans to expand to thousands in the years ahead.
OTHER KEY INVESTOR VOICES:
“We
first invested in Gatik in 2021 because we believed in the potential
for autonomous freight to transform how goods move,” said Celeste
Dauner, Managing Director of Koch Disruptive Technologies. “Since then,
we’ve watched Gatik execute successfully against that opportunity,
building scale around a focused, highly practical application of
autonomy. Our decision to invest again at this stage reflects our
conviction in Gatik’s model and the significant opportunity ahead for
autonomous freight.”
“Autonomous trucking should meaningfully
lower the cost of transporting goods and reshape modern supply chains,”
said Tasha Keeney, Director of Research for Autonomous Technology and
Robotics and the Director of Investment Analysis at ARK Invest. “Gatik
is leading this transformation by bringing driverless technology to
regional networks and unlocking value for customers. We’re excited to
support Gatik as it scales autonomous freight and helps define the next
era of logistics.”
About Gatik
Gatik is in the business of
autonomous freight. The company operates driverless trucks daily for
Fortune 50 retailers, grocers and CPG companies, moving freight between
distribution centers and stores across Texas, Arizona, Arkansas, and
Canada. Gatik has a strong safety record across its operations and is
powered by the Gatik Driver™, a scalable, interpretable AI system
purpose-built to enable safe, consistent, and high-frequency freight
movement. For more information, visit gatik.ai.
Forward-Looking Statements
This
news release contains “forward-looking statements” that involve
substantial risks and uncertainties. Forward-looking statements
generally relate to future events or Gatik’s future financial or
operating performance. Forward-looking statements include information
concerning possible or assumed future results of operations, including
descriptions of our business plan and strategies, revenue targets and
trends we expect to affect our business. These statements often include
words such as “contracted,” “anticipate,” “believe,” “may,” “can,”
“should,” “could,” “might,” “plan,” “possible,” “project,” “strive,”
“budget,” “forecast,” “expect,” “intend,” “target”, “will,” “estimate,”
“predict,” “potential,” “continue,” “scheduled”. Forward-looking
statements may also be made, verbally or in writing, by members of our
Board or management team in connection with this news release.
These
forward-looking statements are based on management’s current
expectations and beliefs. These statements are neither promises nor
guarantees, but involve and are subject to known and unknown risks,
uncertainties and other important factors that may cause Gatik’s actual
results, performance or achievements to differ materially from any
future results, performance or achievements expressed or implied by the
forward-looking statements, including Gatik’s ability to execute on its
growth plans, any failure to comply with laws, rules, regulations or
business practices that Gatik may become subject to as a result of any
expansion of its business resulting from the financing, including
Gatik’s ability to successfully execute on its growth strategies and
operating plans, achieve its targeted annualized contracted revenue,
continue to develop its existing customer base, design and deploy an
expanded fleet of trucks on behalf of customers, and diversify and
expand into the market for autonomous logistics solutions. These and
other important factors could cause actual results to differ materially
from those indicated by the forward-looking statements made in this
press release. Any forward-looking statement included in this press
release speaks only as of the date of such statement. Except as required
by law, Gatik disclaims any obligation to update or revise, or to
publicly announce any update or revision to, any of the forward-looking
statements, whether as a result of new information, future events or
otherwise.
The securities described herein have not been
registered under the Securities Act of 1933, as amended (the “Securities
Act”), and were offered and sold in a transaction exempt from
registration under the Securities Act. The securities may not be offered
or sold in the United States absent registration under the Securities
Act or an applicable exemption from the registration requirements of the
Securities Act.
This announcement does not constitute an offer
to sell or the solicitation of an offer to buy any securities, nor shall
there be any sale of these securities in any jurisdiction in which such
offer, solicitation, or sale would be unlawful.
Gatik and the
Gatik logo are trademarks of Gatik AI Inc. All other trademarks, service
marks, and company names mentioned herein are the property of their
respective owners.
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Contacts
Media Contact:
Aarthi Sivaraman
aarthi.sivaraman@gatik.ai
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