Self-driving truck startup Gatik secured $200 million in funding following a deal with PepsiCo announced this week. The capital injection aims to accelerate Gatik’s autonomous logistics operations, focusing on middle-mile delivery services. The funding round highlights growing investor interest in autonomous vehicle technology for supply chain applications, particularly in the consumer goods sector.
The funding round was completed shortly after Gatik formalized a partnership with PepsiCo to deploy its autonomous trucks for beverage deliveries. Gatik’s technology enables self-driving trucks to operate on fixed routes, optimizing efficiency and reducing costs for large-scale logistics. The company’s CEO emphasized that the new capital will support scaling operations and expanding the fleet to meet increasing demand from enterprise clients.
Gatik’s $200 million raise follows a series of investments in autonomous vehicle startups targeting freight and logistics, a sector attracting significant venture capital due to its potential to reshape supply chains. Comparable deals include investments in autonomous trucking firms like TuSimple and Aurora. PepsiCo’s adoption of Gatik’s technology underscores the growing corporate commitment to integrating autonomous solutions to enhance delivery reliability and reduce emissions.
Gatik plans to deploy its expanded fleet across additional routes in North America by the end of 2026, with PepsiCo as a key customer. The company expects to report updated operational metrics and client growth figures in its next quarterly earnings release scheduled for November.