Found in Robotics News & Content, with a score of 13.53
December 09, 2021
…the future of autonomous freight. Other recent transactions involving autonomous trucks include FJ Dynamics Technology's $70 million Series B, Kodiak Robotics' $125 million Series B, Gatik's $85 million Series B, and DeepRoute.ai's $300 million Series B.
Found in Robotics News & Content, with a score of 13.29
November 24, 2021
…putting billions of dollars into development. Earlier this month, Kodiak Robotics raised $125 million in Series B funding. In September, tire maker Goodyear participated in Gatik's $85 million Series B round, and medium-duty driverless truck developer DeepRoute.ai closed $300 million in Series B funding. Inceptio raised $270 million in its Series B in August. In July, Aurora Innovation announced a $1 billion SPAC merger, and in June, Embark Trucks said it expected to raise $614 million in a SPAC deal. Waymo raised $2.4 billion in funding in June as it continues to develop the Waymo Driver for autonomous vehicles ranging…
Found in Robotics News & Content, with a score of 51.47
November 10, 2021
…operations and Plus calling off its planned SPAC merger. Kodiak Robotics Inc. today announced that it has raised $125 million in an “oversubscribed” Series B fundraising round for a total of $165 million raised to date. The Mountain View, Calif.-based company said it plans to use its latest investment to continue its aggressive growth plans. “Our Series B drives us into hyper-growth so we can double our team, our fleet, and continue to scale our business,” said Don Burnette, founder and CEO of Kodiak Robotics. “We have engineered our industry-leading technology, the Kodiak Driver, in half the time and a…
Found in Robotics News & Content, with a score of 33.90
October 04, 2021
Kodiak Robotics Inc. last week announced its fourth-generation autonomous truck. The Mountain View, Calif.-based company said the self-driving vehicles will include modular sensor suites and will be more robust. Kodiak plans to begin putting more trucks on roads in the fourth quarter of 2021. “Complex and bulky systems that require an engineer to hand-build and hand-tune are expensive, unreliable, and difficult to debug,” stated Don Burnette, co-founder and CEO of Kodiak Robotics. “We believe that reliability and scalability flow from simplicity, and the best hardware modifications should be barely visible. Our fourth-generation platform is designed for simple, scaled production, which…
Found in Robotics News & Content, with a score of 14.23
June 22, 2021
…to upend a fragmented long-haul trucking business with driverless technology. Other companies working on autonomous freight hauling include Waymo, Kodiak Robotics, Einride, and TuSimple. In June 2020, Amazon agreed to pay over $1 billion to buy self-driving startup Zoox Inc. as part of the e-commerce giant's efforts to reduce transportation costs by investing in autonomous vehicle technology. Plus has been working with Chinese delivery company SF Holding Co., which uses PlusDrive-enabled trucks that can cover 1,500 km (932 mi.) per day.
Found in Robotics News & Content, with a score of 55.45
June 03, 2021
…the challenges of development, testing, and commercialization. Last week, Kodiak Robotics Inc. announced that it has partnered with SK Inc. to bring the Kodiak Driver self-driving technology to Asia-Pacific markets. As part of the relationship, SK said it will work with Kodiak to find business opportunities for autonomous trucks and to provide fleet management services for customers in Asia. Seoul-based SK Inc. is an investment-oriented holding company of SK Group, which claims to be the third-largest congolmerate in South Korea, with more than 120 operating companies. It has developed strategies with global affiliates in logistics and services, energy and chemicals,…
Found in Robotics News & Content, with a score of 42.48
August 08, 2018
…shortage of some 50,000 truck drivers in the US. Kodiak Robotics, an autonomous-vehicle startup founded by Don Burnette, previously a co-founder of the self-driving trucking company Otto, and Paz Eshel, a former venture capitalist, has announced it has raised $40 million in Series A financing to pick and ship that long-haul trucking fruit. The financing has been led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners, and Tusk Ventures also participated in the round. As part of the financing, Battery General Partner Itzik Parnafes will join Kodiak’s board. Burnette and Eshel founded Kodiak Robotics to bring new technologies…
Found in Robotics Companies & Businesses, with a score of 57.63
August 07, 2018
We are developing autonomous technology for long-haul trucking. Our team is highly experienced and comes from the leading technology companies in the space.
