Serve Robotics, a developer of autonomous sidewalk delivery robots, has raised another $30 million in financing, bringing the company’s total funds raised to over $56 million.
Concurrent with the raise of new capital and conversion of existing convertible notes, Serve also completed a reverse merger with Patricia Acquisition, a public Delaware corporation, whereby Serve became a wholly owned subsidiary of Patricia.
Following the transaction, Patricia changed its name to Serve Robotics and will continue the historic business of Serve. [Read more…] about Serve Robotics raises $30 million financing to scale robotic delivery