Tech | Palo Alto, California

Gatik Raises $25 Million Series A for Autonomous Delivery Fleet and Tech

Gatik, an autonomous tech company with a fleet of autonomous vehicles for B2B short-haul middle-mile logistics, closed a $25 million Series A round co-led by Wittington Ventures and Innovation Endeavors with participation from FM Capital and Intact Ventures. Existing investors  Dynamo Ventures, Fontinalis Partners, AngelPad also participated. Having a wealth of experience in automotive, AI, supply chain, and logistics, Gatik's investors bring far more than money to the table. Funds will be used for U.S. and Canadian expansion, and growing the Silicon Valley team. [Full Story]