Kodiak Robotics Raises $125 Million In Oversubscribed Series B Round

Nov 10, 2021•over 3 years ago

Amount Raised

$125 Million

Round Type

series b

Mountain View

Description

Kodiak Robotics, Inc., a leading self-driving trucking company, announced today that it has raised $125 million in an oversubscribed Series B fundraising round for a total of $165 million raised to date. The round includes investments from SIP Global Partners, Lightspeed Venture Partners, Battery Ventures, CRV, Muirwoods Ventures, Harpoon Ventures, StepStone Group, Gopher Asset Management, Walleye Capital, Aliya Capital Partners, and others. Recent investments previously announced include Bridgestone Americas and BMW i Ventures.

Company Information

Company

Kodiak Robotics

Location

Mountain View, California, United States

About

Kodiak Robotics, Inc. was founded in 2018 to develop autonomous technology that carries freight forward—so people, partners, and the planet thrive. Kodiak is building and operating self-driving trucks designed to operate on highway routes, making the freight industry safer and more efficient. Kodiak has developed the industry's most advanced technology stack purpose-built specifically for long-haul trucks. Kodiak delivers freight daily for its customers between Dallas-Fort Worth and Houston, operating autonomously on the highway portion of the route. In January 2021, Kodiak became the first company in the autonomous trucking industry to announce disengage-free customer deliveries, and released footage of over 1000 miles of disengage-free driving. Learn more about Kodiak on the web at kodiak.ai, and on Medium, LinkedIn and Twitter. You can find the company press kit HERE. SOURCE Kodiak Robotics

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech