Coco Robotics Raises $80 Million From SNR And Others For Autonomous Delivery Expansion

Coco Robotics, a Santa Monica-based startup founded in 2020 by CEO Zach Rash, has raised $80 million in fresh funding to expand its fleet of autonomous delivery robots. The round was led by SNR with participation from Pelion Venture Partners, Offline Ventures, and Max Altman, bringing the company’s total funding to over $110 million. Known for operating around 1,300 cooler-sized electric delivery bots across cities like Miami, Chicago, Los Angeles, and Helsinki, Coco Robotics—legally Cyan Robotics Inc.—partners with major platforms like DoorDash and Uber Eats. The company is also collaborating with OpenAI to enhance its robots' real-time navigation and obstacle avoidance using advanced AI. Rash plans to scale the fleet to at least 10,000 robots by the end of next year. INVESTORS: SNR, Pelion Venture Partners, Offline Ventures, Max Altman & Sam Altman AMOUNT: $80,000,000 HQ: #SantaMonica #California #VentureCapital #CocoRobotics #SNR #PelionVenturePartners #OfflineVentures #MaxAltman #SamAltman #ZachRash #TradedVC

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Barilla Acquires GOODLES For $88 Million Supported By Celebrity And Institutional InvestorsBarilla is acquiring GOODLES, the fast-growing better-for-you mac & cheese brand founded by Jen Zeszut and Paul Earle in 2020. Financial terms were not disclosed. GOODLES was last valued at $88M following its 2023 funding round. Built remotely during the pandemic after pitching 100+ investors and testing more than 1,000 product iterations, GOODLES launched in late 2021 with four flavors and sold through its initial inventory in just two weeks. The brand has since expanded across Target, Whole Foods, Walmart, Costco and other major retailers, growing from 0.8% to 7.8% of U.S. shelf-stable mac & cheese spending in three years and reaching profitability in 2024. GOODLES raised capital from an unusually deep mix of institutional, celebrity and athlete investors. Its publicly disclosed backers include L Catterton, Springdale Ventures, Third Craft Partners, Willow Growth Partners, Alumni Ventures, Purple Arch Ventures, 1st Course Capital, GingerBread Capital, Cosmic Venture Partners, Electric Feel Ventures and IMG-Endeavor, alongside Gal Gadot, David Grutman, Christina Aguilera, Matt Rutler, Klay Thompson, Khris Middleton, Domantas Sabonis, DK Metcalf, Weston McKennie, Sergio Garcia, Aaron Gordon, Marcus Smart, Ilana Muhlstein, Marissa Hermer, Mau y Ricky, The Montaners, Biz Stone and Allison Rose. Its $13M Series A was led by L Catterton in 2023, bringing GOODLES another step closer to becoming one of the biggest modern challengers to a category long dominated by legacy brands. Now, one of the world's largest pasta companies is buying it. From a pandemic-era idea to an acquisition by Barilla in six years. ACQUISITION: Undisclosed LAST VALUATION: $88M HQ: Santa Cruz, CA #VentureCapital #GOODLES #Barilla #CPG #TradedVC