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    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
    Download now

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