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New Deal


Announced

Completed

NordicNinja and Taavet + Sten led a $100m Series B financing round in Starship Technologies.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

United States

Completed

Private Equity

Acquisition

Friendly

robot delivery

Mobility

Cross Border

Venture Capital

Single Bidder

Private

Synopsis

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NordicNinja, a Japanese-Nordic venture capital firm, and Taavet + Sten, an Estonian visionaries, led a $100m Series B financing round in Starship Technologies, a provider of autonomous delivery services. “Time and again, Starship has proven itself to be years ahead of others with world leading autonomous driving technology for sidewalk delivery, leading to accumulating more and more data and experiences through much wider commercial operations. There aren’t many companies that have a truly autonomous service that has earned so much customer loyalty and adoration. We think Starship has found the right formula for success on a global scale and are excited to be part of their future journey,” Shinichi Nikkuni, NordicNinja Managing Partner.

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