Serve Robotics Secures $13M in Expanded Seed Funding

Serve Robotics

Serve Robotics, a San Francisco, CA-based autonomous sidewalk delivery company, closed a $13m expanded seed funding round.

Backers included Uber Technologies, Inc. (NYSE: UBER); Delivery Hero (FRA: DHER) backed DX Ventures; 7-Eleven Inc.’s corporate venture arm, 7-Ventures, LLC; and Wavemaker Partners’ food automation focused venture studio Wavemaker Labs, as well as Neo, Western Technology Investment, and Scott Banister, among others.

The company intends to use the funds to accelerate scaling of its robotic platform, support geographic expansion, and drive continued product development,

Founded in 2017 as the robotics division of Postmates by Dr. Ali Kashani, CEO, Serve Robotics is now an independent company that designs, develops and operates zero-emissions rovers that serve people in public spaces, starting with food delivery. The company’s self-driving rovers have completed tens of thousands of contactless deliveries in Los Angeles and San Francisco. It was spun off as an independent company in February 2021.

FinSMEs

06/12/2021