Coco Robotics Receives $80M to Expand AI-Powered Last-Mile Delivery Fleet

Coco Robotics, the zero-emission delivery-robot pioneer, has closed $80 million in seed and Series A financing led by angels Sam Altman and Max Altman, alongside Pelion Venture Partners, Offline Ventures and others, the company publicly confirmed. 

Spokesperson Nadia Jamshidi said the raise spans undisclosed tranches from 2021 to 2025 and will scale manufacturing, mapping and remote-operations AI. Founded in 2020 by Brad Squicciarini and Zach Rash, Coco has completed more than 500,000 restaurant runs for chains such as Subway, Wingstop and Jack in the Box. Jamshidi noted that Sam Altman’s last investment pre-dated March’s OpenAI data-sharing pact, which grants the lab sensor streams to refine its models.