Serve Robotics Secures $86 Million in New Financing in December, Solidifying Liquidity Position to Transform Last-Mile Delivery
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Serve Robotics Inc. (Nasdaq: SERV) has raised $86 million in new financing in December 2024, bringing its total funding for the year to $167 million. Since its spinout from Uber in 2021, the company has secured approximately $220 million in total funding, strengthening its liquidity position to enhance last-mile delivery services.
January 06, 2025 | 12:45 pm
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Serve Robotics Inc. has raised $86 million in December 2024, enhancing its liquidity and supporting its growth in the autonomous delivery sector.
The $86 million funding round significantly strengthens Serve Robotics' financial position, enabling further development and expansion in the autonomous delivery market. This positive financial news is likely to boost investor confidence and potentially lead to a short-term increase in SERV's stock price.
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