Coco Robotics raised $ 80 million in strategic funding this week. It states that the funds will help in furthering their AI platforms, raising your fleet scale and enterprise partnership.

Zach Rash, CEO and co-founder of Coco Robotics Zach Rash said, “We are very deliberate about a business model based on construction technology and unit economics, who work today, not five years below the road.” “Now we are at the forefront of implementing AI to solve real, everyday problems in urban logistics, and this funding helps us move fast – our AI platform from moving forward to expand our fleet at the global level.”

This capital accelerates the speed of cocoa because it makes it on its model that already works on a scale. The company has already completed more than 500,000 zero-vigorous delivery in major American cities such as Los Angeles, Chicago and Miami, as well as Helsinki, before it in the European market.

Coco is now expanding more in more US markets, while continuing its international appearance. It said that thousands of vehicles will be deployed in it by the end of 2025. Santa Monica-based in 2020 Company Mission cities have to create a more durable, reliable and inexpensive last-meal logistics solution.

Funding includes investors SAM and Max Altman, Pelion, Outlander and SNR, as well as new participation from offline, deepwater and Ryan Graves, which are former senior vice presidents of global operations in Uber and are now CEOs of saltwater.

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Coco takes advantage of partnership on scale

Coco designed its fleet of autonomous robots to make delivery more efficient, inexpensive and reliable, cutting traffic and emissions. It has partnered with platforms such as Uber and Dordash.

“While scaling the global opes in Uber during his time, I first saw how difficult it is to build a scale -working logistics system,” said Ryan Graves, saltwater CEO and former SVP of global operations in Uber. “Everything that affects me about Coco is his grounded, capital-skilled approach to real-world autonomy. They are solving some of our most challenging problems for businesses, consumers and cities that define our culture today.”

In April, cocoa Expansion Its partnership with Doordash. This Volt -Dorfosh creates an existing pilot program with the International Arm – where Coco Robots have been delivering in Helsinki since the beginning of this year. The US Rollout now lives in Los Angeles and Chicago, where eligible customers can see the availability of coco-free pavement robot fleet and can be assigned their order from traders taking around 600 parts through the Dordash app.

https://www.youtube.com/watch?v=ghgaanawxgm

Robots take the last mile delivery

Cocoa is away from the only company working to use robots to automate the final-meal delivery. Starship technology is one longer Distribution robot Leader. Earlier this year, Company It was announced that its system has completed more than 8 million autonomous deliverys and covered a distance of more than 10 million miles globally.

Serve a Uber spin-off robotics, stating that it has completed thousands of delivery for enterprise partners such as Uber Eats and 7-Elavan. Company Said that it includes scalable multi-ear contracts, including a signature. agreement To deploy up to 2,000 delivery Robots Uber accounts for many American markets on Uber.

Additionally, kivibot, A Berkeley, California. ProviderIt is claimed that it is a market leader of robot delivery in American college complexes. Since 2017, Kiwibot said it successfully deployed robots throughout America, Dubai and Saudi Arabia. it raised $ 10 million for delivery in December 2023 as a service (DAAS).

https://www.youtube.com/watch?v=lkg3wflkz4u