Self-driving robot Starship Technologies raises 1.77 billion yen to expand business at 100 universities by this summer | GLM

Self-driving robot Starship Technologies raises 1.77 billion yen to expand business at 100 universities by this summer

Read more from Author Rachel Maga here: https://globelivemedia.com/author/rachel-maga/

A year ago, Starship Technologies had hundreds of self-driving robots delivering burritos and pizzas to college campus students and residents of some residential areas.

With a new $ 17 million funding, the company has quintupled the number of vehicles since the new coronavirus (COVID-19) hit Europe and North America, where it operates. .. While the new Corona caused pain and chaos to the company, demand increased as restaurants shifted to take-out and delivery-only models. The company currently has 1000 self-driving robots.

The company said it plans to expand its business to 100 universities by the summer of 2021 in 2020. This number is a significant leap from the current number of 15. Still, the company is growing in terms of location, delivery volume, vehicle size, number of employees, and more. The company currently has 400 employees. We are increasing the number of campuses where we develop our business every month, and it will start when face-to-face lessons resume.

Investors such as TDK Ventures and Goodyear Ventures participated in the company’s latest funding, announced on January 26. As a result, the total amount of funds raised has reached 102 million dollars (about 10.6 billion yen). Valuation is private. The company also announced that it has expanded into the University of California, Los Angeles and Bridgewater State University in Massachusetts.

Starship 2

Image Credit: Starship Technologies

Founded in 2014 by Skype co-founders Ahti Heinla and Janus Friis, Starship Technologies achieved 5,000 deliveries in 2017, a number in 2021. It grew to 1 million times in January. The company has also expanded into non-community towns such as university campuses and Milton Keynes, UK, including the North Hampton area of ​​the UK, where 5,000 households live, Mountain View, California, and Modesto.

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Rachel Maga
Rachel Maga is a technology journalist currently working at Globe Live Media agency. She has been in the Technology Journalism field for over 5 years now. Her life's biggest milestone is the inside tour of Tesla Industries, which was gifted to her by the legend Elon Musk himself.