Estonia-born robotics startup Starship Technologies receives €50M from EU’s lending arm
Summary
Estonia-born Starship Technologies, a robotics company that builds fleets of self-driving goods delivery robots, announced on Tuesday that it has agreed to a €50M quasi-equity facility agreement with the European Investment Bank (EIB). The lending arm of the European Union (EU) and one of the largest providers of climate finance, the EIB supports projects that promote the priorities and objectives of the EU. This financing is also supported by the European Fund for Strategic Investments and has been facilitated via a venture loan.
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EASME - EU Executive Agency for SMEs, European Investment Bank
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