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Home World Regional News Europe

Starship Brings in $100M to Expand Autonomous Delivery in Europe and US

Femi Thomas by Femi Thomas
03/06/2022
in Europe
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Tallinn-founded company Starship Technologies has raised $100 million to expand its offerings in Europe and the U.S.

The recent $42 million funding round led by the Japanese-Nordic VC firm NordicNinja and the Estonian powerhouse Taavet+Sten will enable the company to further scale its service and meet the increasing demand for its autonomous delivery service by launching in new cities in North America and Europe.

The new investment, including the recently announced €50 million investment from the European Investment Bank (EIB), doubles the company’s funding and brings Starship’s total funding to $202 million.

Other investors in Series B include TDK Ventures and Goodyear.

 

Read more on Tech Gist Africa:

Open source test automation platform Testsigma said that it has secured a $4.6 million funding

Self-driving Truck Startup Inceptio Raises $188M in Series B+

Chinese SaaS platform Dianxiaomi Secures $100M in Series C

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