Gatik Raises Funding for Autonomous Delivery in Canada

Gatik, a Palo Alto and Toronto based autonomous technology company deploying autonomous vehicles for B2B short-haul middle-mile logistics, announced today it has raised $25 million in Series A funding. The round was co-led by Wittington Ventures and Innovation Endeavors with participation from FM Capital and Intact Ventures. Existing investors like Dynamo Ventures, Fontinalis Partners, AngelPad and others participated as well. Gatik's investors bring a wealth of deep experience in automotive, artificial intelligence and supply chain, making them a strong strategic fit for the company's rapid growth. Gatik will use the funding to further expand its operations across North America, its team size in Silicon Valley and growing presence in Canada.