TechCrunch: Starship Technolo...

TechCrunch: Starship Technologies Raised $42M to Grow Its Feet of Driverless Delivery Robots

Mar 03, 2022

(Image Source: Starship Technologies)

Robotics delivery startup, Starship Technologies, has acquired $42M in its latest financial infusion. The Series B, which came just 30 days after the round before, was co-led by NordicNinja and Taavet+Sten. We also saw participation from previous strategic backers namely TDK Ventures and Goodyear. The fresh capital will go towards expansion in North America and Europe as well as funding of some new initiatives.

Unlock Powerful E-commerce & Logistics Data for Free
Accelerate Your Growth with Data-Driven Insights

Founded in 2014 by Skype Co-Founders, Starship Technologies is redefining the last-mile delivery space, one step at a time. The company currently operates some 1,700 robots per day, making it the world’s largest fleet of autonomous delivery robots. Apart from physical grocers such as Tesco and Save Mart, Starship also partners with many college campuses in the US.

“There is so much more to be done. We are still in (the) grand scheme of things just getting started,” said the CTO Ahti Heinla who co-founded Starship with Janus Friis. According to him, the company will be exploring “bigger” models that can travel on both the sidewalk and the road. “I wouldn’t be surprised if we do something like that in the future, although the sidewalk strategy is still a good choice for the majority of deliveries out there,” he added.

Source: Starship Technologies raises another $42M to fuel the growth of its fleet of self-driving delivery robots

For more exclusive reports, insights, and interviews on the latest updates in e-commerce and logistics, follow us on LinkedIn or join our community as a member.

Share this with your network

Also worth your time