Goodyear Ventures, Goodyear’s venture capital arm, has added Starship Technologies to its investment portfolio. Goodyear Ventures joins multiple investors helping to raise $17 million for the autonomous delivery company. This new investment brings Starship’s total funding to $102m to date.
Starship also announced that it has reached one million autonomous deliveries.
Founded in 2014 by Skype co-founders, Ahti Heinla and Janus Friis, Starship Technologies builds and operates a network of self-driving robots that carry and deliver packages, groceries and food directly to customers.
Ahti Heinla, Co-founder & CTO at Starship Technologies, says: “It may have taken 6 years for us to hit the first million deliveries, but we expect the next million to take only a matter of months! Today we also launched UCLA, considered one of the top public schools in the US, and we’re delivering from restaurants including Blaze Pizza, Bruin Buzz, Lu Valle, and Southern Lights. Bridgewater State University (Massachusetts) is also now providing delivery from campus restaurants including Starbucks Cafe and Bears Den.”
Abhijit Ganguly, senior manager, Goodyear Ventures, adds: “Goodyear Ventures is excited to join Starship’s journey as it revolutionizes the autonomous delivery space. Goodyear’s trusted services footprint combined with its custom solutions for autonomous vehicle companies comprise a solid platform to support Starship in the market.”
Goodyear (NASDAQ: GT) is one of the world’s largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world.