Serve Robotics closes $13 million funding spherical
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Serve Robotics, a spin-off of the robotics division at Postmates, introduced in $13 million in expanded seed funding.
Serve plans to make use of the funding to additional push the corporate in the direction of industrial scale, broaden its fleet of robots, develop geographically and additional develop merchandise. The corporate creates autonomous sidewalk supply robots. Its robots have accomplished tens of 1000’s of deliveries in Los Angeles and San Francisco.
The funding got here from a variety of buyers, together with Uber Applied sciences, Wavemaker Labs, DX Ventures and 7-Eleven’s company enterprise arm, 7-Ventures. Present buyers, like Neo, Western Expertise Funding and Scott Banister, additionally participated on this spherical of funding.
“Serve Robotics is happy to have the backing of sturdy strategic companions capable of help our intention to supply sustainable, self-driving supply at scale,” stated Dr. Ali Kashani, Co-founder and CEO of Serve Robotics. “This preliminary spherical of monetary and strategic help will enable us to proceed advancing our expertise, rising our crew, and increasing our partnership platform.”
Serve Robotics was based in 2017 because the robotics division of Postmates. In February 2021, it turned an impartial firm. Postmates is now owned by Uber. Uber made the acquisition to bolster its personal supply service Uber Eats.
Los Angeles prepare! @ServeRobotics x @UberEats coming subsequent yr pic.twitter.com/nXntRv3ETa
— Serve Robotics (@ServeRobotics) November 12, 2021
In November, Serve introduced a cope with Uber to ship meals in Los Angeles. Serve robots will start deliveries early 2022. Uber is Serve’s first industrial accomplice.
Serve’s sidewalk robots carry as much as 50 lbs for 25 miles on a single cost. Objects within the cargo compartment are secured and unlocked with a telephone app or a passcode.