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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

Round Type

Funding Round

San FranciscoOtherSoftwareTransportation

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.

Quick answer

Serve Robotics raised an undisclosed amount in a Funding Round round, dated December 6, 2021. Serve Robotics is based in San Francisco, California, United States.

How much did Serve Robotics raise?
Serve Robotics raised an undisclosed amount in a Funding Round round on December 6, 2021.
What does Serve Robotics do?
Serve Robotics is shaping the future of sustainable, self-driving delivery.
Where is Serve Robotics based and how big is it?
Serve Robotics is based in San Francisco, California, United States. Fundz records about 380 employees.
Who are the decision-makers at Serve Robotics?
Fundz holds 3 contacts at Serve Robotics, including the Co-founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Software around the same time

Companies in the same sectors as Serve Robotics that raised within 45 days of this round, from Fundz verified event records.

  • Smartcar raised $24M (Series B) on January 19, 2022.
  • Verica raised $12M (Series A) on January 18, 2022.
  • Wayve Technologies Limited raised $200M (Funding Round) on January 18, 2022.
  • E Vage raised $28M (Funding Round) on January 14, 2022.
  • CLEAR Secure raised an undisclosed amount (Funding Round) on January 13, 2022.
  • Black Sesame Technologies raised an undisclosed amount on January 12, 2022.

Who to call at Serve Robotics, and when

A new round usually means Serve Robotics is about to hire and buy. The teams that reach out first get the meeting.

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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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Related People

3 contacts
Verified contactsAli K., Co-founder & CEO hiddenSee plans and pricing
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Serve Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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