Gatik, a two-year-old startup developing an autonomous vehicle stack for business-to-business short-haul logistics, today emerged from stealth with $4.5 million in seed funding led by Innovation Endeavors, with participation from Trucks Venture Capital, Dynamo Venture Capital, Fontinalis Partners, and AngelPad. Coinciding with the close of its funding round, the Toronto and Palo Alto, California-based company announced that it’s inked a deal with Walmart and additional commercial partners that’ll be revealed later in the year…

Its fleet of retrofitted Ford Transit vans, which the company has been testing on public roads in California since the first quarter of 2018, together with its robust orchestration software ensures that goods are transported up to 50% less expensively in city environments between locations, Gatik claims…
Gatik is the brainchild of Carnegie Mellon graduate and CEO Gautam Narang and CTO Arjun Narang (CTO), brothers and cofounders that have worked together in the field of robotics, AI, and machine learning for over 10 years.
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