Gatik, a self-driving box truck startup specializing in middle-mile delivery, has secured $200 million in funding shortly after announcing a multiyear commercial partnership with PepsiCo. This round, the largest in the company’s history, was led by Qatar Investment Authority and Koch Disruptive Technologies, with other investors including Millennium Management, ARK Invest, and Intact Private Capital. Since emerging from stealth in 2019, Gatik has raised about $500 million, and the fresh capital will fuel its growth plans involving expanded fleets, more customers, and new markets, potentially even beyond North America.

The company has focused on short-haul, fixed and dynamic routes under 400 miles, transporting goods for major clients such as Walmart, Kroger, Tyson Foods, Loblaws, and prominently PepsiCo. Gatik’s innovative approach involves deploying self-driving Isuzu box trucks for food and beverage delivery, with its third-generation autonomous technology now fully driverless and operational in several locations. Its trucks can function around the clock on varied roads and weather conditions, demonstrating considerable technological advancement from previous years.

With fully commercial driverless operations on multiple routes, Gatik has locked in contracts valued at $600 million in revenue and operates a fleet of dozens of driverless trucks. Its notable deal with PepsiCo involves 41 driverless vehicles distributing Frito-Lay products across Dallas, Phoenix, and Northwest Arkansas. Gatik CEO Gautam Narang emphasized that the new funding partners support the startup’s long-term scaling ambitions, which will require increasing its workforce — currently around 350 — with additional engineers and operational staff.

This investment milestone underscores Gatik’s position as a key player in the autonomous vehicle industry’s growing middle-mile delivery sector, where it faces fewer direct competitors compared to other AV niches like robotaxis or long-haul trucks. The company’s success in achieving commercialized, fully driverless logistics signals progress toward broader adoption of autonomous trucking solutions, potentially transforming regional supply chains and last-mile delivery services in the near future.