In a tough fundraising environment for technology startups, Microsoft is reportedly nearing an investment in middle-mile autonomous trucking company Gatik.
Privately held Gatik, the middle-mile developer of autonomous trucking software, last raised $85 million in a Series B round in August 2021. Gatik’s Class 3-6 driverless box trucks operate revenue-generating routes in Texas, Louisiana, Arkansas and Ontario, Canada.
Partnership would follow Gatik’s business modelMicrosoft would invest $10...
https://www.freightwaves.com/news/microsoft-reportedly-planning-gatik-investment