Sam Altman-Backed Coco Robotics Raises $80M for Delivery Bots
Coco Robotics, a Los Angeles-based startup focused on last-mile delivery, has secured $80 million in new funding to expand its fleet of zero-emissions robots. The round was led by existing investors, including Sam Altman and Max Altman, and VC firms such as Pelion Venture Partners and Offline Ventures. This brings Coco’s total funding to over $120 million since its 2020 founding.https://www.bizmoarena.com/2506/revolut-65b-funding-round/
Coco’s compact, electric robots can carry up to 90 liters and have completed more than 500,000 deliveries. The robots are already in service with national brands like Subway, Jack in the Box, and Wingstop. In March, Coco announced a strategic partnership with OpenAI, allowing the startup to leverage advanced AI while OpenAI benefits from real-world data to train its models.https://www.bizmart.tech/940/ai/wwdc-2025-apples-big-ios-overhaul-ai-upgrades-and-gaming-app-revealed/
Co-founded by Brad Squicciarini and Zach Rash, Coco Robotics is positioning itself as a leader in eco-friendly, AI-powered logistics. With fresh capital in hand and OpenAI integration powering its systems, the company is poised to redefine how goods move through urban environments.https://www.instagram.com/accounts/login/?next=%2Freel%2FDLL0ku_M2FH%2F&source=omni_redirect
