27/05/2022

Stlohnschurchgalashlels

The car that cares

Kodiak secures second funding round

Kodiak secures second funding round

Kodiak Robotics, Inc., a US-centered developer of autonomous trucks, has secured USD125 million in Series B funding spherical from SIP World-wide Companions, Muirwoods Ventures, Harpoon Ventures, StepStone Team, Gopher Asset Administration, Walleye Cash, Aliya Cash Companions, Battery Ventures, CRV and Lightspeed Venture Companions also participated.

Bridgestone Americas and BMW i Ventures, which experienced introduced strategic investments in Kodiak earlier 2021, transformed its money to this spherical.

The funding will be utilised to double its workforce as it pursues a route to commercialization. Kodiak programs to increase a minimum of 15 new trucks, for a full of at the very least twenty five autonomous motor vehicles.