Serve Robotics announces $80M registered direct offering

Jan 7, 2025 · Regulatory · Serve Robotics · Delivery

Serve Robotics company media
Company media · Serve Robotics
  • Serve Robotics announced an $80 million registered direct offering of common stock with institutional investors.
  • The filing states 4,210,525 common shares were sold with expected gross proceeds of about $80 million before fees.
  • The financing supports continued product development, deployment scaling, and commercialization of the company's robotics platform.

Serve Robotics develops and operates autonomous sidewalk delivery robots for urban last-mile food and goods delivery.