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AI, Digitalisation & Robotics

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Kodiak Robotics raises USD125 million in oversubscribed Series B round

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By Will Hall - 15th November 2021

USA – Autonomous truck solutions developer, Kodiak Robotics Inc, based in Mountain View, California, has announced it has raised USD125 million in an oversubscribed round of Series B funding. The round includes investments from SIP Global Partners and Lightspeed Venture Partners, adding to previous funding from Bridgestone America and BMW i Ventures.

The company will utilise the funds over the next 12 months to double its team with 85 new employees, expand its autonomous service capabilities, and add at least 15 new trucks to its fleet.

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