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Coco Robotics has raised $80 million to expand its AI-powered autonomous delivery fleet and scale operations globally. Backed by investors including Sam and Max Altman and Ryan Graves, the company targets deploying 10,000 vehicles by 2026. With over 500,000 zero-emission deliveries completed, Coco is increasing its presence in both U.S. and European urban markets.
The $80 Million Move That Shakes Up Urban Delivery
Coco Robotics has secured $80 million in strategic financing to scale its AI-powered delivery fleet and expand its autonomous logistics platform. The announcement, made on June 11, 2025, marks a major milestone for the Los Angeles-based company as it accelerates its mission to redefine urban delivery.
The funding round includes contributions from returning backers Sam and Max Altman, Pelion, Outlander, and SNR. New investors include Offline, DeepWater, and Ryan Graves, former SVP of Global Operations at Uber and current CEO of Saltwater. The capital will support advancements in Coco’s AI technology, fleet deployment, and enterprise partnerships.
Coco Robotics is actively scaling toward a fleet of 10,000 autonomous vehicles by 2026, aiming to operate the largest fleet of its kind in the world.
Why Coco’s AI Delivery Bots Are Gaining Serious Momentum
Coco’s autonomous vehicles have completed more than 500,000 zero-emission deliveries to date. Operating in dense urban environments across U.S. cities such as Los Angeles, Chicago, and Miami, the company is also entering international markets, including Helsinki, Finland.
Each delivery is handled by AI-driven robocouriers designed to reduce costs, traffic, and carbon emissions while improving delivery reliability. The system is already functioning at scale, demonstrating commercial viability and operational stability.
Meet the Team Betting Big on Coco’s AI Future
The investment round attracted a combination of repeat and first-time supporters, underscoring market confidence in Coco’s model. Ryan Graves, who scaled global operations at Uber, has joined the latest round through Saltwater. His endorsement focuses on Coco’s capital-efficient and technically grounded approach.
Other new participants such as Offline and DeepWater add strategic value and capital to the company’s expansion. The continued support from high-profile investors reflects trust in Coco’s operational roadmap and technology readiness.
What Makes Coco’s Model Capital-Efficient and Scalable
Coco’s business model emphasizes cost-effective deployment and real-world utility. According to CEO and cofounder Zach Rash, the company has built its technology and operations on economic fundamentals that work now—not projected years into the future.
Its model is not built around speculative long-term automation. Instead, Coco focuses on AI systems that are already active in urban settings. The company’s ability to deliver consistent service while maintaining cost-efficiency differentiates it from other startups in the autonomous delivery space.
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Coco’s Global Push: From U.S. Streets to European Markets
With operations expanding across major U.S. cities, Coco Robotics is scaling its fleet to reach 10,000 vehicles by the end of 2026. The company is also extending its reach into European markets, starting with Helsinki.
The international expansion signals a deliberate effort to broaden its operational footprint. Coco’s entry into new regions is supported by the same AI-driven delivery infrastructure already functioning in its core markets.
Urban Logistics Gets a Smart Makeover
Coco’s fleet supports partnerships with platforms such as Uber and DoorDash, integrating with established delivery networks. Its autonomous delivery vehicles aim to provide a cost-efficient, scalable solution for last-mile logistics in cities.
The company’s approach includes:
- Reducing vehicle emissions with a fully electric fleet
- Lowering delivery costs through automation
- Easing urban congestion with small-footprint delivery bots
- Offering consistent service reliability
Coco Robotics is working within the logistics ecosystem to meet changing demands in how goods move through cities.
A Strategic Shift in Last-Mile Delivery Is Already Happening
Coco Robotics has demonstrated the ability to operate a commercial autonomous fleet at scale. With $80 million in new funding and growing interest from enterprise partners, the company is positioned to expand both domestically and internationally.
By focusing on scalable AI systems and real-world economic feasibility, Coco is advancing a shift in urban logistics. Its deployment model, operational track record, and investor backing place it at the center of ongoing changes in delivery infrastructure.
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