Starship Technologies Raises Another $42M To Fuel The Growth Of Its Fleet Of Self-Driving Delivery Robots
Starship Technologies Raises Another $42M To Fuel The Growth Of Its Fleet Of Self-Driving Delivery Robots
03/01/22, 8:13 AM
Location
los angelesMoney raised
$42 million
Industry
consumer goods
Starship Technologies, one of the bigger players in the world of autonomous delivery robots — the small, boxy vehicles that self-drive around cities and closed campuses delivering food and other small items — has raised yet another round of funding, just 30 days since its last financial infusion. The company, founded and developed in Estonia but headquartered in San Francisco, has picked up $42 million in equity, bringing the total raised to over $100 million in the last month after announcing at the end of January that the European Investment Bank would be putting €50 million ($57 million) into the company.
Company Info
Location
los angeles, california, united states
Additional Info
The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. The company now operates its fleet as a level 4 autonomous system, meaning humans are monitoring at an operations center for issues, and can if need be take over if a vehicle finds itself in an unexpected pickle, but that is not the default.“99% of the time our robots have nobody involved.