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Starship Technologies Picks Up €50M From The Eu’s Investment Arm To Expand Its Fleet Of Autonomous Delivery Robots

Starship Technologies Picks Up €50M From The Eu’s Investment Arm To Expand Its Fleet Of Autonomous Delivery Robots

01/25/22, 8:04 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Money raised
€50 million
Industry
consumer goods
Starship Technologies, one of the bigger names in the world of autonomous delivery robots — those little caboose-like, boxy delivery vehicles that self-drive around cities — has been on a roll during Covid-19, providing extra (unmanned) horsepower to distribute food and other goods between stores or restaurants and consumers, at a time when consumers were either reluctant or being ordered to stay at home to minimize the spread of the virus. Now it’s picking up some funding along with an endorsement Europe to further its growth.

Company Info

Company
Starship Technologies
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.