JIMCO participates in Starship’s US$ 50 million Series C funding round

• JIMCO participates alongside a world-class investor syndicate including Plural, Karma.vc, Latitude, Coefficient Capital, SmartCap and Skaala.  

• Starship uses autonomous robots to deliver groceries, hot food and industrial supplies locally, while making it more cost-effective, efficient, accessible and sustainable.
• Capital will be used to accelerate the entry into the U.S. market, grow the robot fleet, and deepen collaborations with major retailers pursuing reliable autonomous delivery solutions.

• Strengthens JIMCO’s position in deep-tech and robotics, aligning with the business’ commitment to invest in scalable and sustainable technologies reshaping mobility and commerce

JIMCO (Jameel Investment Management Company), the global investment arm of the Jameel Family, today announced that the JIMCO Technology Fund is participating in the US$ 50 million Series C funding round for Starship Technologies, a world leader in autonomous robot delivery.

Led by Plural, the round received additional participation from Karma.vc, Latitude, Coefficient Capital, SmartCap and Skaala.  The funding will be used to accelerate the entry into the U.S. market, grow the robot fleet, and deepen collaborations with major retailers pursuing reliable autonomous delivery solutions.

Onur Aydin, Managing Director, JIMCO Technology Fund, said:

“We are proud to invest in Starship Technologies, the world’s most autonomous delivery platform, with a proven track record of over 9 million deliveries and over 2,500 robots in operation. This investment reflects our belief in supporting visionary founders who are developing frontier technology to solve pressing global logistics challenges. It also aligns with our broader commitment to invest in scalable, sustainable technologies that are reshaping mobility and commerce.”

Ahti Heinla, Co-founder and CEO, Starship Technologies, added:

“This milestone is critical to Starship’s continued expansion. We are delighted to welcome JIMCO as a new backer, who join a world-class syndicate of investors who share our vision for autonomous and sustainable delivery worldwide.”

Founded in 2014 by Skype co-founders, Ahti Heinla and Janus Friis, Starship is revolutionizing the last-mile delivery market by partnering with household names including Lidl, Aldi, Tesco, Uber Eats and Deliveroo to provide cost-effective and sustainable delivery solutions. Founded in 2014 by Skype co-founders, Ahti Heinla and Janus Friis, Starship is revolutionizing the last-mile delivery market by partnering with the world’s largest providers like Grubhub in the U.S., alongside European platforms, including Bolt, DoorDash’s Wolt and Delivery Hero’s Foodora.

Starship robots operate across 270+ locations in seven countries to deliver hot food, groceries, and supplies in settings as diverse as US college campuses, local communities across Europe, and on industrial sites.