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Starship Technologies raises $90M as its sidewalk robots pass 6M deliveries

Feb 06, 2024almost 2 years ago

Amount Raised

$90 Million

San FranciscoConsumer Services

Investors

TdcMorpheus VenturesEuropean Investment BankNordic NinjaIconicalPlural

Description

Starship Technologies has raised $90 million in funding as it works to scale up to meet market demand and cement its position at the top of its category. This latest investment round is co-led by Plural and Iconical, bringing the total raised to $230 million.

Company Information

Company

Starship Technologies

Location

San Francisco, California, United States

About

Starship Technologies is the world leader in autonomous robot delivery. Our robots have made more than 8 million deliveries globally - they've travelled over 17 million kilometres and make more than 125,000 crossings each day. Sustainable, scalable, ethical and efficient - we're revolutionising last-mile delivery. We partner with household names to deliver hot food, groceries and supplies in settings as diverse as US college campuses, local communities across Europe and on industrial sites.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech