Coco Robotics just raised $80 million to scale up its autonomous delivery robots. The Los Angeles startup builds zero-emission bots that carry up to 90 liters of groceries or goods. Since launching in 2020, they’ve made over 500,000 deliveries.
Angel investors Sam Altman and Max Altman joined the round, alongside VCs like Pelion Venture Partners and Offline Ventures. This boosts Coco’s total funding beyond $120 million after a $36 million Series A in 2021.
Major retail partners include Subway, Wingstop, and Jack in the Box. Coco also announced a research partnership with OpenAI in March, where OpenAI accesses data from Coco’s robots to train its AI models — with capital support from Sam Altman. 
Founders Brad Squicciarini and Zach Rash are now doubling down on last-mile autonomy.
TechCrunch reached out to Coco for more details.
"Coco Robotics raises $80M to expand autonomous delivery and AI platform"
— PR Newswire"Coco Robotics and OpenAI announce research collaboration"
— PR Newswire
