Gatik raises $200 million as its driverless box trucks pass 85,000 completed deliveries -- two months after a PepsiCo deal put 41 of them on the road

Gatik has raised $200 million in a Series D round led by the Qatar Investment Authority and Koch Disruptive Technologies, the autonomous-trucking company announced August 25 -- two months after it signed a multiyear deal to run driverless Frito-Lay deliveries for PepsiCo.

The round is Gatik's largest to date and brings its total funding to roughly $500 million since the company came out of stealth in 2019, TechCrunch reported. Gatik says its trucks have now completed 85,000 fully driverless orders -- no human in the cab -- with a 99% on-time delivery rate, running fixed routes between distribution centers and stores for retailers including Walmart and Kroger and, under the new PepsiCo agreement, 41 driverless box trucks moving Frito-Lay snack deliveries across Dallas, Phoenix and Northwest Arkansas.

Gatik's pitch has always been narrower than a robotaxi's: fixed, pre-mapped "middle mile" routes a retailer runs every day, rather than open-ended city driving. Byron Knight, president of investor Koch Disruptive Technologies, framed the round as evidence that bet has paid off: "Autonomy is moving beyond a promising technology into real-world commercial operations," he said in Gatik's own announcement of the round. Millennium Management, ARK Invest and Intact Private Capital also joined, alongside QIA and KDT.

Gatik's near-term target is to more than double its current fleet of dozens of driverless trucks to over 100 by the end of 2026, and to extend its existing Texas, Arizona and Arkansas routes into Nebraska and Iowa. The company says none of its 85,000 completed driverless orders have produced an at-fault incident -- a safety claim that, per Gatik's own release, has not been independently audited.