In a significant boost to the autonomous delivery sector, Coco Robotics has raised $80 million in a recent funding round backed by prominent tech investor Sam Altman, alongside other key investors such as Pelion and Outlander. The company, known for its innovative zero-emissions delivery robots, announced the strategic financing on June 11, 2025, as reported by TechCrunch. This investment brings Coco Robotics' total funding to over $110 million, signaling strong confidence in its vision to transform last-mile delivery.
Since launching its fleet in 2020, Coco Robotics has completed more than 500,000 deliveries using its compact, cooler-sized robots on wheels. These autonomous vehicles are designed to navigate urban environments efficiently, reducing both costs and carbon footprints for businesses. The company has already partnered with major delivery platforms like Uber Eats and DoorDash, showcasing its ability to integrate seamlessly into existing food delivery ecosystems.
The fresh capital will be used to scale Coco Robotics’ fleet, enhance its AI platform, and expand enterprise partnerships. This move comes at a time when demand for contactless and sustainable delivery solutions is surging, driven by consumer expectations and environmental concerns. The company aims to deploy its robots in more cities, making autonomous delivery a mainstream option for businesses of all sizes.
Sam Altman, a key figure in the tech industry and CEO of OpenAI, has expressed optimism about Coco Robotics’ potential to redefine urban logistics. His involvement underscores the growing intersection of AI and robotics in solving real-world challenges. Other returning investors echo this sentiment, citing the company’s impressive track record and innovative approach as reasons for their continued support.
As Coco Robotics grows, it faces competition from other players in the autonomous delivery space, but its focus on sustainability and efficiency sets it apart. The company’s robots are not only eco-friendly but also cost-effective, offering a viable alternative to traditional delivery methods. This funding round positions Coco Robotics to lead the charge in making autonomous delivery a cornerstone of modern commerce.
The implications of this investment extend beyond just delivery. With advancements in AI and robotics, Coco Robotics could pave the way for broader applications of autonomous technology in urban settings, potentially influencing sectors like retail and logistics. As the company scales, industry watchers will be keen to see how it shapes the future of last-mile solutions.
Andrew Lee
