Autonomous trucking was already big in North Texas. Well, today it got bigger. Palo Alto-based Gatik announced that it has expanded its customer deployments in Texas and opened a new autonomous trucking facility at the “MIZ”—the Mobility Innovation Zone in Fort Worth’s AllianceTexas. Gatik also revealed it has raised $85 million in Series B funding led by Koch Disruptive Technologies (KDT).
The $85 million funding will be used to scale Gatik’s fleet of Class 3-6 autonomous box trucks across new North American markets.
Gatik focuses on short-haul, B2B logistics for Fortune 500 companies like Walmart. But it’s in Texas for the long haul—it anticipates it will create over 500 new jobs here by 2025, including operational, technical, and business positions.