Big hitters back self-driving robots venture Serve Robotics
Autonomous sidewalk delivery startup, Serve Robotics, has closed a $13 million seed funding round, with participation from Uber Technologies, Delivery Hero backed DX Ventures, 7-Eleven’s corporate venture arm, 7-Ventures, and Wavemaker Partners’ food automation focused venture studio Wavemaker Labs.
This extends Serve’s previous seed funding and also involves existing 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.
Founded in 2017 as the robotics division of Postmates, Serve is now an independent company operating in various US cities.
“We’re pleased to have the backing of strong strategic partners able to support our intention to provide sustainable, self-driving delivery at scale,” says Dr. Ali Kashani, Co-founder and CEO, Serve Robotics.
“This initial round of financial and strategic support will allow us to continue advancing our technology, growing our team, and expanding our partnership platform.”
“Serve Robotics has brought self-driving delivery to major US cities and is leading the field of robotics with its cutting-edge autonomous technology,” says Brendon Blacker, Partner at DX Ventures.
“This game-changing technology has the potential to reshape the future of delivery and we are investing in Ali’s vision and the world class team he has assembled.”
