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Sam Altman-Backed Coco Robotics Raises $80M to Revolutionize Delivery with AI-Powered Robots

Alfred LeeAlfred Lee22h ago

Sam Altman-Backed Coco Robotics Raises $80M to Revolutionize Delivery with AI-Powered Robots

In a groundbreaking development for the robotics and AI industry, Coco Robotics, a startup backed by OpenAI CEO Sam Altman, has secured an impressive $80 million in funding. This significant investment, announced on June 11, 2025, underscores the growing confidence in autonomous last-mile delivery solutions and positions Coco Robotics as a frontrunner in urban logistics innovation.

The funding round was led by venture capital firm SNR, with contributions from notable investors such as Pelion Venture Partners, Offline Ventures, and Max Altman, one of Sam Altman’s brothers. This financial boost will enable Coco Robotics to scale its operations, expand its fleet of zero-emission delivery robots, and further refine its cutting-edge technology.

Since launching its operations in 2020, Coco Robotics has completed over 500,000 deliveries using its cooler-sized, wheeled robots. These autonomous bots have partnered with major platforms like Uber Eats and DoorDash, demonstrating their practical application in real-world settings and their potential to transform how goods are delivered in urban environments.

The synergy between advanced AI, as exemplified by OpenAI’s innovations, and robotics is a key driver behind Coco Robotics’ success. This funding not only validates the company’s technology but also highlights the increasing importance of automation in addressing logistical challenges in densely populated areas.

With plans to expand its reach and enhance its robotic capabilities, Coco Robotics is poised to play a pivotal role in shaping the future of delivery systems. The company aims to make last-mile delivery more efficient, cost-effective, and environmentally friendly, aligning with global sustainability goals.

As the robotics sector continues to attract significant investment, Coco Robotics’ latest achievement signals a promising trajectory for AI-driven solutions in everyday applications. Industry observers are keenly watching how this startup will leverage its resources to redefine urban logistics in the coming years.


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Sam Altman-Backed Coco Robotics Raises $80M to Revolutionize Delivery with AI-Powered Robots - BitcoinWorld (Picture 1)

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