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Serve Robotics Secures Funding From Strategic Investors Uber, Delivery Hero-Backed Dx Ventures, 7-Eleven'S 7-Ventures, And Wavemaker Labs

PRIVATEDec 06, 2021•over 4 years ago
San Francisco

Description

Serve 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 Information

Company

Serve Robotics

Location

San Francisco, California, United States

About

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.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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