Gatik announced Tuesday it raised $200 million in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies. Millennium Management, ARK Invest and Intact Private Capital also joined the round. The money will support expansion of Gatik’s driverless freight operations from the dozens of trucks today to thousands in the years ahead. Gatik has completed 85,000 fully driverless orders. The company reports more than $600 million in contracted revenue and 99% on-time delivery across operations in Texas, Arizona, Arkansas and Canada. “This round, led by some of the world’s leading financial institutions, is a clear validation of Gatik’s commercial leadership in autonomous freight,” said Gautam Narang, CEO and co-founder of Gatik. “We have built Gatik with real revenue, deep customer demand, and AI-driven autonomous technology proven every day in live supply chains. This round gives us the capital to scale with speed and discipline, serve the world’s largest companies, and define the future of autonomous freight.” Seven Months, 25,000 More Driverless Orders Seven months of driverless operations added 25,000 orders to that total. Gatik reported 60,000 completed driverless orders earlier in January, which also cited more than $600 million in contracted revenue. Gatik had raised roughly $270 million in total before this round, Forbes reported in January. Scaling Driverless Freight Operations From Dozens to Thousands Gatik’s trucks run high-frequency regional routes between distribution centers and stores. Those routes can reach up to 400 miles at highway speeds with the trucks running nearly around the clock, FreightWaves reported. The target lanes are time-sensitive and operationally complex. Gatik’s system is purpose-built for both highways and surface streets. This makes distribution-center-to-store routes viable. To manage capacity, the trucks use dynamic routing to respond to shifting demand, distribution center activity and pickup and drop-off needs. The 99% on-time delivery figure benefits