Total amount raised
$120 Million
Latest funding date
12/1/2022
Location
Kodiak Robotics has successfully navigated 10 funding rounds, with the latest being a Post-IPO Debt round led by Horizon Technology Finance. The company is focused on developing self-driving solutions for long-haul trucking, aiming to enhance safety and efficiency in the transportation sector.
With a total of 19 investors backing its innovative technology, Kodiak Robotics is poised to make significant strides in the autonomous vehicle industry. Keep reading to explore the intricacies of Kodiak Robotics' fundraising journey and the investors supporting this groundbreaking platform.
What Is Kodiak Robotics?
Kodiak Robotics, based in Mountain View, California, is a pioneering company in the autonomous vehicle industry. Specializing in self-driving solutions for long-haul trucking, the company aims to enhance safety and efficiency in the transportation sector.
With a workforce of 101-250 employees, Kodiak Robotics leverages AI-powered ground autonomy solutions to transform transportation. Their flagship product, the Kodiak Driver, integrates AI, modular hardware, and offboard services to provide a comprehensive platform for various industries, including trucking, defense, and industrial applications.
How Much Funding Has Kodiak Robotics Raised?
- Post-IPO Debt
- Amount Raised: USD 30,000,000
- Date: December 2025
- Lead Investors: Horizon Technology Finance
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To secure additional capital for scaling operations and enhancing technology.
- Post-IPO Equity
- Amount Raised: USD 145,000,000
- Date: September 2025
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and invest in new technology developments.
- Series C
- Date: August 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop autonomous driving technology and expand the fleet.
- Convertible Note
- Amount Raised: USD 75,000,000
- Date: September 2023
- Lead Investors: Aliya Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing R&D and operational scaling.
- Grant
- Amount Raised: USD 49,900,000
- Date: December 2022
- Lead Investors: U.S. Department of Defense
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance defense-related autonomous vehicle applications.
- Debt Financing
- Amount Raised: USD 30,000,000
- Date: October 2022
- Lead Investors: Horizon Technology Finance
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund operational expenses and technology upgrades.
- Series B
- Amount Raised: USD 125,000,000
- Date: November 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To double the workforce, expand operations, and increase the fleet of autonomous trucks.
- Series B
- Date: June 2021
- Lead Investors: BMW i Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support strategic growth and technology development.
- Corporate Round
- Date: June 2021
- Lead Investors: Bridgestone Americas
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To form strategic partnerships and enhance product offerings.
- Series A
- Amount Raised: USD 40,000,000
- Date: August 2018
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop initial product and market entry.
Total Amount Raised: USD 529,900,000. Current Valuation: Not publicly disclosed.
Key Investors
- Horizon Technology Finance
- Details: Horizon Technology Finance is a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and cleantech industries. They focus on companies at the development and expansion stages.
- Investment Focus Areas: Technology, life sciences, healthcare information, cleantech.
- Notable Investments: Not publicly disclosed.
- Aliya Capital Partners
- Details: Aliya Capital Partners is a private equity and venture capital firm that invests in growth-stage companies. They provide strategic capital and support to help companies scale and achieve their business objectives.
- Investment Focus Areas: Private equity, venture capital, growth-stage companies.
- Notable Investments: Not publicly disclosed.
- U.S. Department of Defense
- Details: The U.S. Department of Defense is a federal agency responsible for coordinating and supervising all agencies and functions of the government related to national security and the armed forces.
- Investment Focus Areas: Defense, national security, technology.
- Notable Investments: Not publicly disclosed.
- BMW i Ventures
- Details: BMW i Ventures is the venture capital arm of BMW Group, focusing on high-potential startups in the automotive sector. They invest in companies that are shaping the future of transportation, manufacturing, and sustainability.
- Investment Focus Areas: Transportation, manufacturing, sustainability.
- Notable Investments: ChargePoint, RideCell, Carbon.
- Bridgestone Americas
- Details: Bridgestone Americas is a subsidiary of Bridgestone Corporation, the world's largest tire and rubber company. They focus on developing innovative tire and rubber products and solutions for various industries.
- Investment Focus Areas: Automotive, tire technology, transportation.
- Notable Investments: Not publicly disclosed.
What's Next for Kodiak Robotics?
Kodiak Robotics stands at the cusp of significant growth, driven by the expansion of its autonomous trucking operations. With plans to double its workforce and increase its fleet to at least 25 autonomous vehicles, the company is poised to address supply chain challenges and enhance its service capabilities. This expansion presents a substantial opportunity for Kodiak to solidify its position in the autonomous vehicle industry.
Future fundraising efforts are likely, given the oversubscribed Series B round and the company's ambitious growth plans. Kodiak may explore both public and private market options to secure additional capital for scaling operations and advancing technology. However, the company will need to navigate challenges such as competition from larger rivals and regulatory hurdles to maintain its growth trajectory.
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