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STARSHIP (EGFF)

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Estonia : € 50,000,000
Services : € 50,000,000
Signature date(s)
20/12/2021 : € 25,000,000
20/12/2021 : € 25,000,000
Link to source
Data sheet

Summary sheet

Release date
19 November 2021
Status
Reference
Signed | 20/12/2021
20210330
Project name
Promoter - financial intermediary
STARSHIP (EGFF)
STARSHIP TECHNOLOGIES HOLDINGS INC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 103 million
Location
Sector(s)
Description
Objectives

Starship Technologies, founded in Estonia, develops last mile delivery solutions based on autonomous mobile robots. The investment supports the company's business expansion and further research and development (R&D) in behavioural intelligence and other robotics areas.

The project contributes to the further development of the company's advanced robotic autonomous driving technology and the deployment of its automated delivery services in the EU; it will contribute to strengthen the role of the EU in the fields of advanced autonomous driving and robotic technologies and further expand its technological edge.

Environmental aspects
Procurement

The project activities do not fall under the Annexes of the EU Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Therefore, the activities are not subject to a mandatory environmental impact assessment (EIA).

The Promoter is a private company not operating in the utilities sector and not having the status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures followed by the Promoter are suitable for the project.

Link to source
Summary sheet

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - STARSHIP (EGFF)
Publication Date
21 Dec 2021
Document language
Main Topic
Lending
Document Number
148367956
Document Focus
Environmental Information
Project Number
20210330
Sector(s)
Regions
Countries
Publicly available
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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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