Self-driving truck startup Gatik raises $200M following PepsiCo deal

Gatik raised $200 million, led by Qatar Investment Authority and Koch Disruptive Technologies, bringing total funding to about $500 million since emerging from stealth in 2019. The capital will accelerate its driverless box-truck operations, which already serve PepsiCo, Loblaws, Kroger, Tyson Foods and Walmart, delivering up to 400 miles of middle-mile routes across multiple U.S. cities.