Starship Technologies Delivers $40 Million Funding

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Autonomous delivery service Starship Technologies announced it has closed on its $40 million Series A funding round.

Morpheus Ventures led the funding with participation from QuVentures, TDK Ventures, Matrix Partners, Shasta Ventures, MetaPlanet Holdings, and other investors. The San Francisco based startup has raised a total of $85 million so far.

Starship uses autonomous robots to deliver food and packages to local areas in minutes. The service operates in 100 cities worldwide, and is in the process of expanding to 100 university campuses in the next two years.

“This new investment will see Starship expand onto more campuses as we head towards a goal of offering our services to over one million students,” said Lex Bayer, CEO of Starship Technologies, in a statement. “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.”

Starship was launched by Ahti Heinla and Janus Friis, two former founders of Microsoft’s Skype. Lex Bayer, former Airbnb executive, is CEO.