Serve Robotics Secures Funding From Strategic Investors Uber, Delivery Hero-Backed Dx Ventures, 7-Eleven'S 7-Ventures, And Wavemaker Labs
Serve Robotics Secures Funding From Strategic Investors Uber, Delivery Hero-Backed Dx Ventures, 7-Eleven'S 7-Ventures, And Wavemaker Labs
12/06/21, 1:00 PM
Location
san franciscoServe Robotics, the leading autonomous sidewalk delivery company, today announced the closing of a $13 million expanded seed funding round, with participation from strategic investors 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. The new round extends Serve's previous seed funding and includes participation by existing seed investors Neo, Western Technology Investment, and Scott Banister among others. The capital will be used to accelerate the company's path to commercial scale, driving its fleet expansion, geographic growth, and continued product development.
Company Info
Location
san francisco, california, united states
Additional Info
Serve Robotics is shaping the future of sustainable, self-driving delivery. The company designs, develops and operates zero-emissions rovers that serve people in public spaces, starting with food delivery. Founded in 2017 as the robotics division of Postmates, Serve set out to build a robotic delivery experience that delights customers, improves reliability for merchants, and reduces vehicle emissions to zero. Four years later, the company's self-driving rovers have successfully completed tens of thousands of contactless deliveries in Los Angeles and San Francisco. Spun off as an independent company in February 2021, Serve is backed by Uber and other world-class investors. Serve has several established commercial partnerships and continues to expand its partner platform. Find out more at www.serverobotics.com, follow us on social media via Twitter and Instagram, or apply to join our team on LinkedIn.