Internet, Digital Media & EntertainmentVenture Capital & Emerging Growth

SA&M Client Starship Technologies Raises $40 Million in Series A Round

By September 6, 2019 No Comments

starship technologiesStubbs Alderton & Markiles client Starship Technologies, a company developing small self-driving robotic delivery vehicles, has announced that they have raised $40 million in a Series A round led by Morpheus Ventures to expand its service to 100 college campuses. Starship CEO Lex Bayer told Forbes that Starship would add several new universities each month, at an accelerating pace, until it hit the 100 mark in 2021.

To read the full article visit here.

Stubbs Alderton attorneys representing Starship Technologies in this matter were Greg Akselrud, Louis Wharton, Kelly Laffey, and Alia Delpassand.

About Starship Technologies
Starship Technologies is building a fleet of robots designed to deliver goods locally in 15-60 minutes. The delivery robots have traveled tens of thousands of miles, met millions of people and have been tested in over 100 cities around the world to date. They drive autonomously but are monitored by humans who can take over control at any time. Launched in July 2014, by two Skype co-founders, Ahti Heinla and Janus Friis, Starship is changing the way packages, groceries and food are delivered. Visit www.starship.xyz 

For more information about our Venture Capital & Emerging Growth Practice contact Greg Akselrud at gakselrud@stubbsalderton.com