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Coco Robotics Raises $80M to Expand Autonomous Delivery and AI Platform

Coco Robotics Raises $80M to Expand Autonomous Delivery and AI Platform

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 In this episode of BC Food News, Jennifer English introduces Coco Robotics, an AI-based delivery services company which has successfully secured $80 million in strategic funding that includes established investors like Ryan Graves, ex-Uber executive and currently CEO of Saltwater. Coco Robotics plans to utilize these funds to enhance its AI platform, grow its fleet of delivery vehicles, and extend its enterprise partnerships. The company's ambitious global plans include expanding its fleet to 10,000 autonomous vehicles by 2026. Their enterprise partnerships with companies like Uber and DoorDash intend to make urban deliveries efficient, affordable, and most importantly, sustainable. Founded in 2020, Coco Robotics has already made significant strides by completing more than 500,000 zero-emission deliveries across the US and Europe. They aim to revolutionize last-mile logistics, making it more sustainable and reliable.
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