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Mercedes-Benz Vans invests in robot startup

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Mercedes-Benz invests in automated delivery robots

Mercedes-Benz invests in automated delivery robots

Mercedes-Benz Vans (MB Vans) has expanded its goal of automated driving to also include automated delivery.The German manufacturer has announced that it is now the lead investor in Starship Technologies, a start-up company for the development of ground-based, autonomous delivery robots.AdvertisementThe two companies already introduced the so-called ‘mothership’ concept in September last year.
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Mercedes-Benz Vans invests in autonomous final-mile robots

Mercedes-Benz Vans invests in autonomous final-mile robots

Mercedes-Benz Vans has invested in start-up enterprise Starship Technologies, a company developing ground-based, autonomous delivery robots.The arrangement is an extension of the automotive giant’s strategic future initiative ‘adVANce’, launched in September 2016.Through the adVANce program, Mercedes-Benz is committing to support small businesses with up to €500,000 ($710,000) in backing from a €500 million ($710 million) pool, to help them explore innovative transport ideas that will satisfy the future needs of customers in the ‘last mile transportation of goods and people’ field.
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Mercedes-Benz Vans invests in robot startup

Mercedes-Benz Vans invests in robot startup

Mercedes-Benz Vans has invested in Starship Technologies, a startup developing ground-based, autonomous delivery robots.The arrangement is an extension of the automotive giant’s strategic future initiative ‘adVANce’, launched in September 2016.Systematic developmentAs lead investor in Starship Technologies, Mercedes-Benz Vans is participating in the €16.5 million ($23.4 million) financing round.
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