Gatik, an autonomous technology company deploying autonomous vehicles for B2B short-haul middle-mile logistics, today announced a multi-year partnership with Loblaw Companies to deploy a fleet of autonomous delivery vehicles in Toronto, Ontario. The autonomous vehicle company also announces $25 million in VC funding.
Beginning in January, Gatik will provide Loblaw with a safe, reliable, contactless delivery solution for transporting multi-temperature goods from its automated picking facility to retail locations across the Greater Toronto Area (GTA). This deployment marks the first autonomous delivery fleet in Canada.
Today’s announcement follows the successful completion of a 10-month on-road pilot in Toronto, with one autonomous delivery vehicle, including:
- Autonomous Delivery of Essential Products and Goods from Loblaw’s Automated Picking Facility to Retail Stores
- Optimizes Middle-Mile Supply Chain Logistics Using Predetermined Fixed Routes
- Inventory Pooling Across Multiple Locations; Multiple Deliveries Per Day
- Facilitates Online Ordering and Contactless Delivery for Canadian Customers
To meet Loblaw’s unique retailing needs, Gatik upfits Ford Transit 350 box trucks with refrigeration units, lift gates, and its proprietary autonomous self-driving software for urban, suburban and highway driving.
Gatik will be operating its vehicles, five in total, for Loblaw up to 7 days a week, 12 hours a day, on 5 routes operating on public roads with fixed pick-up and drop-off locations. All vehicles will have a safety driver as a co-pilot.
“Loblaw is one of Canada’s leading grocery retailers and we are proud to be selected to play a key role in enhancing the safety and efficiency of its already robust supply chain,” said Gautam Narang, CEO and Co-founder of Gatik. “Retailers know the biggest inefficiencies in their logistics operations often exist in the middle-mile, typically between automated picking facilities and retail locations. This is where Gatik lives and succeeds, and is the reason we’re able to offer immediate value to our customers. We are delighted to partner with Loblaw in addressing this critical piece of their supply chain.”
To date, Gatik has completed more than 30,000 revenue-generating autonomous orders for multiple customers across North America.
“As more Canadians turn to online grocery shopping, we’ve looked at ways to make our supply chain more efficient. Middle-mile autonomous delivery is a great example,” said Lauren Steinberg, Senior Vice President, Loblaw Digital. “With this initial roll-out in Toronto, we are able to move goods from our automated picking facility multiple times a day to keep pace with PC Express online grocery orders in stores around the city.”
The company also announced $25 million in Series A funding, co-led by Wittington Ventures and Innovation Endeavours with participation from FM Capital and Intact Ventures. Existing investors like Dynamo Ventures, Fontinalis Partners, AngelPad and others participated as well. Gatik’s investors bring a wealth of deep experience in automotive, artificial intelligence and supply chain, making them a strong strategic fit for the company’s rapid growth. Gatik will use the funding to further expand its operations across North America, its team size in Silicon Valley and growing presence in Canada.
Latest posts by B2BNN Newsdesk (see all)
- Five reasons why flatbed shipping is on the rise - January 18, 2022
- Forex Trading Scams: Spotting Them, Avoiding Them, and Recovering Your Funds - January 18, 2022
- The Road to a Successful Maths Career With Online Education - January 18, 2022