Autonomous delivery service Starship Technologies has closed $40M in Series A funding. The company, which has just become the first to complete 100,000 commercial deliveries, also announced that it plans to expand its service to 100 university campuses in the next 24 months. Delivery robots arrived at the University of Pittsburgh on August 20, with Purdue University, Indiana to launch on September 9 with more following shortly.
With the closing of this Series A funding round, Starship has now raised a total of $85 million. The company will use the new funding to rapidly expand its services to more university campuses. The round was led by Morpheus Ventures with participation from prior investors including Shasta Ventures, Matrix Partners, MetaPlanet Holdings and others, as well as new investors including TDK Ventures, Qu Ventures and others.
Starship Technologies operates commercially on a daily basis around the world. Its zero-emission robots have travelled more than 350,000 miles, crossed 4M streets, and have just marked the milestone of completing 100,000 autonomous deliveries – the first self-driving robotics company to reach this number.
Starship, which does both restaurant and grocery deliveries around the world has now delivered over 6,000 pizzas, 7,000 gallons of milk, 8,000 coffees, 9,000 sushi rolls, 15,000 bananas as well as over 3,700 diapers. Kevin House, a second-year student at George Mason University in Virginia, said, “I’ve used Starship over 100 times in just a few months. It’s really saved me so much time and reduced my stress, especially around finals. I love getting food delivered by a robot, it just makes life so much easier.”
“We’ve evaluated the autonomous tech market segment around the world, and Starship is miles ahead of others in bringing advanced technology valued by real paying customers,” said Nicolas Sauvage, Managing Director of TDK Ventures. “Starship’s machine learning, computer vision, and sensor fusion is the most advanced we’ve seen in autonomous robotic delivery. We look forward to contributing to the success of Starship in this important and emerging space.”
“This new investment will see Starship expand onto more campuses as we head towards a goal of offering our service to over one million students,” said Lex Bayer, CEO of Starship Technologies. “An entire generation of university students are growing up in a world where they expect to receive a delivery from a robot after a few taps on their smartphone. The reception to our service both on campuses and in neighborhoods has been phenomenal. Our customers appreciate how we make their lives easier and give them back the gift of time.”