Autonomous delivery service provider Starship Technologies has raised $90m in its new funding round co-led by Plural and Iconical.
The capital infusion will support operations growth and additional investments in its cutting-edge technologies and will extend its reach to millions more customers globally.
Plural partner Taavet Hinrikus said: “Starship is the global leader in autonomous technology, built in Europe.
“For the past ten years, the team has been working tirelessly to build the most advanced autonomous logistics technology in the world, driving more miles and making more deliveries than any other company, whilst reducing the impact of last-mile and on-demand delivery on the planet.
“The culmination of this hard work over the past decade and this new funding means Starship is well-positioned for accelerated growth. We’re looking forward to supporting Ahti and the team on this journey to becoming one of Europe’s most successful global companies.”
Since its establishment in 2014, Starship Technologies has obtained $230m in funding.
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The latest investment will be used to fuel advancements in artificial intelligence (AI) and machine learning, as well as the development of tech and wireless charging infrastructure.
The company is currently active in 80 countries, including the US, Germany, Denmark, Finland and the UK.
The company’s delivery robots are engineered to run for 18 hours on a full charge.
Starship Technologies co-founder and CEO Ahti Heinla said: “Autonomous delivery isn’t some science fiction concept from Blade Runner for decades in the future – it’s a reality for hundreds of thousands of people every day.
“Building a company like Starship takes at least a decade of perfecting the technology, streamlining operations and reducing costs to make last-mile autonomous delivery viable and sustainable at scale.
“Now we’re ready to take on the world and with ambitions to build a category-dominating company that can change the daily lives of millions of people in thousands of locations worldwide.”