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