Kodiak AI has raised $100 million in funding at a significant discount to its previous valuation, causing its stock price to drop 37%. The company also announced several business developments including a new commercial contract, a Canadian pilot program, and a collaboration.
Background
Kodiak AI is an autonomous vehicle technology company that develops self-driving truck solutions. The company went public through a SPAC merger in 2022.
- Source
- TechCrunch
- Published
- May 8, 2026 at 05:49 AM
- Score
- 5.0 / 10