Private Equity

Kodiak Robotics To Expand Autonomous Trucking With $125M

by venturebeat.com posted 2weeks ago 9 views
Kodiak Robotics, a startup developing self-driving truck technologies, today announced that it raised $125 million in an oversubscribed series B round for a total of $165 million to date. The tranche — which 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 — will be put toward expanding Kodiak’s team, adding trucks to its fleet, and growing its autonomous service capabilities, according to CEO Don Burnette.