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Serve Robotics Secures $86 Million in New Financing in December, Solidifying Liquidity Position to Transform Last-Mile Delivery
SERVServe Robotics Inc.(SERV) Newsfilter·2025-01-06 20:30

SAN FRANCISCO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (NASDAQ:SERV), a leading autonomous delivery company, today announced that it raised gross proceeds of 86millionduringDecember2024,bringingtotalgrossproceedsraisedin2024to86 million during December 2024, bringing total gross proceeds raised in 2024 to 167 million. Since its spinout from Uber in 2021, the Company has secured approximately $220 million in total funding. The additional December 2024 funding includes proceeds raised through Serve's previously filed ATM facility and ...