In a significant vote of confidence for AI-driven logistics, Coco Robotics has secured $80 million in strategic financing, propelling its total capital raised to over $120 million. The funding round, includes backing from high-profile investors including OpenAI CEO Sam Altman and former Uber executive Ryan Graves, positioning the Los Angeles-based startup to capitalize on what analysts predict will be explosive growth in AI-powered autonomous delivery.
The global delivery robots market size is projected to grow from $0.52 billion in 2025 to $3.99 billion by 2032, at a CAGR of 33.7%, driven by increasing demand for contactless delivery and the continued expansion of e-commerce. Multiple market research firms paint an even more optimistic picture, with some projections suggesting the auto
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Mukundan Sivaraj
