Ex-Uber employee's self-driving truck startup raises $40 mn
Kodiak Robotics, a US-based self-driving trucking startup co-founded by former Uber employee Don Burnette, has raised $40 million in a series A round of funding. The round was led by Battery Ventures, with participation from CRV, Lightspeed Venture Partners, and Tusk Ventures. As part of the deal, Battery Ventures' General Partner Itzik Parnafes will join the three-month-old startup's board.