Delivery robot creator Starship Technologies collects $17.5m
Featured in Startups' Tech Trends predictions for 2017, Starship will use the funding to build out its fleet of autonomous robots
Starship Technologies, the UK start-up behind delivery robots, has secured a $17.2m seed funding round led by Daimler AG, with involvement from Shasta Ventures, Matrix Partners, ZX Ventures, Morpheus Ventures, Grishin Robotics, and Playfair Capital.
Dubbed ‘the world’s first robotic delivery service’, Starship Technologies is effectively building a fleet of autonomous robots designed to deliver goods, food, groceries and parcels locally.
The business has already partnered with the likes of Just Eat, Hermes, Metro Group, and Swiss Post on commercial delivery pilot programmes across the UK, US, Germany, Switzerland and Estonia.
It says this latest investment gives validation to the concept of ground-based robotic delivery and will be used to help ramp up growth.
The tech company will be placing specific focus on continuing to develop and test its ‘Robovan’; a transportation system it has developed with Daimler AG-owned Mercedes Benz that integrates specifically adapted vans with autonomous delivery robots “to create greater delivery efficiency”.
On the funding round, Starship CEO, Ahti Heinla, said:
“Starship is reinventing the last mile transportation process, allowing convenient and sustainable robotic delivery.
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“This funding further accelerates development of our technologies and enables us to launch pilot programs in several new markets”.