Serve Robotics raises additional $80M

Serve Robotics raises additional $80M as it scales sidewalk delivery robots
Nvidia and Uber-backed Serve Robotics has raised $80 million via a direct offering of 4.2 million shares of common stock. The fresh cash will help the
Serve Robotics stock falls on $80M stock offering
Serve Robotics (NASDAQ:SERV) shares fell around 14% premarket on Tuesday after the autonomous sidewalk delivery company announced an offering to raise gross proceeds of approximately $80M. The company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of ~4.
Serve Robotics Announces $80 Million Registered Direct Offering of Common Stock
Serve Robotics Inc. ("Serve" or the "Company") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 4,
Serve Robotics announces $80M registered direct offering
Serve Robotics (SERV) has entered into securities purchase agreements with certain institutional investors for the purchase and sale of
Why Serve Robotics (SERV) Stock Is Trading Lower
Serve Robotics shares are trading lower by 15.5% during Tuesday's session. The company announced an $80 million registered direct offering.
Serve Robotics Stock Rises 22% on Raising of Funds to Run Through 2026
The company, which makes delivery robots, raised $86 million in gross proceeds in December, bringing its total financing for 2024 to $167 million. Serve said it has secured about $220 million in total funding since its spinout from Uber in 2021.
Serve Robotics: The Dichotomy Of Funding Rapid Growth (Rating Upgrade)
Serve Robotics targets $60-80 million in revenue by 2026, but faces significant cash burn. See why SERV stock is a Hold ...
Serve Robotics secures $86M in new financing in December
Serve Robotics (SERV) raised gross proceeds of $86M during December 2024, bringing total gross proceeds raised in 2024 to ...
Autonomous Delivery Provider Serve Robotics Shares Soar On $167M Funding In December
Serve Robotics Inc. raised $86 million in December 2024, bringing its total funding for the year to $167 million.
Serve Robotics Secures $86 Million in New Financing in December, Solidifying Liquidity Position to Transform Last-Mile Delivery
“This liquidity position reflects strong confidence in our vision and market potential,” said Brian Read, Chief Financial Officer of Serve Robotics. “Looking ahead, we believe we are well-positioned ...
Serve Robotics Secures $86 Million In New Financing
Serve Robotics secures $86 million in new financing January 6, 2025 by Mark Allinson Serve Robotics , an autonomous delivery ...
Serve Robotics Stock Falls 19% After $80M Share Offering
The stock fell 19% to $18.56 in morning trading, erasing the gains it notched Monday, when it hit a six-month high after Serve said it had raised enough money to self-fund its operations for the next ...