Gatik, a startup developing an autonomous vehicle stack for B2B short-haul logistics, today closed a $25 million series A round. The company also announced it will bring a fleet of self-driving vans to Canada as part of a deal with Loblaw, the country’s largest retailer with over 200,000 employees.
Some experts predict the pandemic will hasten adoption of autonomous vehicles for delivery. Self-driving cars, vans, and trucks promise to minimize the risk of spreading disease by limiting driver contact. This is particularly true with regard to short-haul freight, which is experiencing a spike in volume during the outbreak…
Palo Alto, California-based Gatik, which has offices in Toronto, is the brainchild of Carnegie Mellon graduate and CEO Gautam Narang. He cofounded the company in 2017 with CTO Arjun Narang and chief engineer and former Ford computer vision lead Apeksha Kumavat.