Funding
Gatik Raises $200M Series D to Scale Autonomous Freight Operations
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Gatik, the autonomous trucking startup, has raised $200 million in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies, with participation from Millennium Management, ARK Invest, and Intact Private Capital, the company announced August 25, 2026. The round was announced from the company’s Santa Clara, California headquarters. No valuation was attached to the announcement.
The raise lands two months after Gatik signed its largest commercial agreement to date: a multi-year partnership with PepsiCo, announced June 8, 2026, that put fully driverless box trucks into the food and beverage giant’s North American supply chain. Under that deal, Gatik trucks operate for PepsiCo across Texas, Arizona, and Arkansas, moving products through regional networks between sites.
“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,” Gatik co-founder and CEO Gautam Narang said in the company’s announcement. Narang called the round, “led by some of the world’s leading financial institutions,” a validation of Gatik’s commercial leadership in autonomous freight.
The Middle-Mile Bet
Gatik has built its business on a slice of the autonomous vehicle market that most of the industry’s capital has bypassed: short-haul “middle-mile” freight, the fixed and dynamic routes connecting distribution centers to retail stores. Gatik focused on box trucks running high-frequency regional routes, using dynamic routing to respond to changing demand and pickup and drop-off needs.
That focus now underpins the company’s commercial case. Gatik reports more than $600 million in contracted revenue, 85,000 fully driverless orders completed, and a 99% on-time delivery rate across its operations. Its customer roster spans Fortune 50 retail, grocery, and consumer packaged goods companies, including a multi-year partnership with PepsiCo. Its trucks operate daily across Texas, Arizona, Arkansas, and Canada, powered by what the company calls the Gatik Driver, an AI system purpose-built for high-frequency freight movement on highways and surface streets.
Gatik operates driverless trucks daily across its commercial routes and reports 85,000 fully driverless orders completed.
Capital Behind Commercial Traction
The investor syndicate mixes sovereign wealth, industrial capital, and public-markets names. Qatar Investment Authority, the Gulf state’s sovereign fund, co-led the round; Abdulla Al-Kuwari, its head of industrials, said QIA is committed to backing companies shaping the future of freight infrastructure. Koch Disruptive Technologies, Koch Industries’ venture arm, has backed Gatik since 2021 and co-led the round. “What we’re seeing today is autonomy moving beyond a promising technology into real-world commercial operations,” said Byron Knight, KDT’s president.
ARK Invest founder Cathie Wood framed the round as evidence that autonomous trucking has crossed from experimentation into commercially viable operations. Intact Private Capital tripled its commitment in the round, its managing director Justin Smith-Lorenzetti said, citing Gatik’s execution record inside customer supply chains.
KDT first invested in Gatik in 2021, according to KDT managing director Celeste Dauner. The company’s commercial trajectory since then tracks a broader pattern in the sector, where autonomous vehicle startups with paying fleets have kept attracting capital while pure research plays have consolidated. Recent Unite.AI coverage of the space includes Moove’s $250 million Series C to scale robotaxi fleet infrastructure and Gravis Robotics’ $200 million Series A for autonomous heavy machinery, both rounds sized against live commercial deployment rather than development milestones.
Where the Money Goes
Gatik says the new capital will help it expand a model built around high-frequency regional routes connecting distribution centers and stores. Dozens of its driverless trucks operate commercially across North America now; the company says it plans to grow that fleet to thousands in the years ahead. The expansion model stays fixed on the same application: high-frequency regional routes that keep store shelves stocked as retailers push toward faster, more predictable replenishment.
