Serve Robotics Secures $80M to Boost Sidewalk Delivery Fleet to 2,000 Robots
Serve Robotics, a leading autonomous delivery company, has announced a massive $80 million funding boost to expand its sidewalk robot fleet from 100 to 2,000 by the end of 2025. With key partnerships with Uber Eats and 7-Eleven, and a groundbreaking robot-drone delivery trial in Dallas with Wing, Serve is set to transform urban delivery networks. This funding, which brings their total fundraising to over $247 million in just a year, will be used for equipment investments and to eliminate financing costs. The company anticipates reaching operational cash-flow positivity once the expanded fleet is fully deployed.
Jan 17