16 Oct 2025

"Karma Ventures Participates in $50 Million Series C Financing for Starship Technologies"

"COBALT advised Karma Ventures in a $50 million Series C funding round for Starship Technologies, an autonomous delivery company. The round was led by Plural and included contributions from several investors. Starship operates over 2,700 delivery robots and plans to expand its fleet to over 12,000 by 2027 as it enters U.S. urban markets. The COBALT team was led by Managing Associate Grete Kuru."

In the recent transaction involving Starship Technologies, the law firm COBALT advised Karma Ventures in its participation in a USD 50 million Series C financing round. The financing round was led by Plural, with contributions from Karma Ventures, Latitude, Coefficient Capital, SmartCap, and Skaala. Starship Technologies, a prominent autonomous delivery company, operates a fleet of over 2,700 delivery robots that have successfully completed more than 9 million deliveries. The company is now focusing on expanding its operations into U.S. urban markets, with ambitious plans to scale its fleet to over 12,000 robots by 2027. The COBALT team involved in this transaction was led by Managing Associate Grete Kuru.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.