Kodiak Robotics
Founded in 2018, Kodiak Robotics is headquartered in Mountain View, CA, and employs around 200 people. The company operates within the AI and Software, Defense, Logistics and Mobility verticals at IPO CLUB.
What is kodiak robotics?
Developer of artificial intelligence-based hardware and software technology designed to address critical challenges in the autonomous trucking industry. The company's technology leverages advanced computer vision, sensor fusion, AI-driven decision-making, and automation to enhance safety, efficiency, and reliability in long-haul transportation.
Business Development
Kodiak Robotics has made significant strides in the autonomous trucking sector. In 2024, the company debuted its sixth-generation autonomous semi-truck, which is the first driverless-ready vehicle designed for large-scale commercial deployment. This truck integrates advanced safety redundancies, including dual-redundant systems for steering and braking, positioning Kodiak as a leader in autonomous safety technology. Additionally, Kodiak recently completed its first fully driverless truck delivery for Atlas Energy Solutions, marking a milestone in commercial operations. Collaborations with major logistics players like J.B. Hunt and Bridgestone have further reinforced Kodiak’s presence in the market, with over 50,000 autonomous miles logged as part of ongoing partnerships.
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Most Recent Financing Status:
In November 2021, Kodiak Robotics raised $125 million in an oversubscribed Series B round, valuing the company at approximately $620 million. This round saw participation from SIP Global Partners, Lightspeed Venture Partners, Battery Ventures, and other notable investors. The Series B funding followed its Series A round in 2018, which raised $40 million, marking a significant increase in both the funding amount and valuation. The Series B round enabled Kodiak to accelerate its autonomous trucking operations, expand its fleet to at least 25 vehicles, and double its workforce
Latest news As of Sep ‘24
Here are the latest updates on Kodiak Robotics:
1. Driverless Truck Milestone: In July 2024, Kodiak completed its first fully driverless truck delivery for Atlas Energy Solutions in Texas. This marks a significant step toward commercial autonomous operations, which are expected to begin as early as 2025. This delivery highlights Kodiak’s robust technology, which has been tested extensively in challenging environments such as the Permian Basin.
2. CES 2024 Unveiling: At the Consumer Electronics Show (CES) 2024, Kodiak revealed its sixth-generation Class 8 autonomous truck. The truck is designed for large-scale, driverless commercial deployment later this year in Texas. The system includes automotive-grade hardware and redundant systems for steering, braking, and sensors, making it feature-complete for driverless operation.
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Kodiak - Enter a New Era of Autonomy. Driverless Trucking Has Arrived.
