News & Videos - SERVE ROBOTICS INC.

SAN FRANCISCO, June 16, 2025 (GLOBE NEWSWIRE) -- Serve Robotics (the "Company" or "Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that Co-Founder and CEO Dr. Ali Kashani has been named a 2025 Entrepreneur Of The Year ® Bay Area Award Winner by Ernst & Young LLP (EY US). This prestigious award, now in its 40th year, honors entrepreneurs and leaders of high-growth companies who are building and scaling successful, innovative businesses. Dr. Kashani was...

SAN FRANCISCO, May 30, 2025 (GLOBE NEWSWIRE) -- Serve Robotics (the "Company" or "Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, will hold its Annual Meeting of Stockholders ("Annual Meeting") virtually on Thursday, June 12, 2025 at noon PDT. Stockholders of record at the close of business on April 14, 2025 will have the right to participate at the Annual Meeting. Stockholders will be able to attend the Annual Meeting, vote and submit questions during the meeting by...

Successfully built and deployed 250 new third-generation robots, enhancing operational scale and efficiency Continued geographic expansion into Miami and Dallas metros; Atlanta launch on track First quarter revenue of $440 thousand, a 150% increase versus Q4 2024 Unlocking the value of Serve’s software and data platform; recurring revenue generation expected in Q2 Strengthened balance sheet with $91.5 million in new capital, ending the quarter with a record $ 198 million cash position SAN...

SAN FRANCISCO, April 24, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2025 first quarter financial results on Thursday, May 8, 2025 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Company management will host a conference call at 2 p.m. PT / 5 p.m. ET. A live audio webcast will...

DALLAS, April 03, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (“Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Dallas-Fort Worth metro area. This strategic expansion, in continued partnership with Uber Eats—the delivery platform of Uber Technologies Inc. (NYSE: UBER)— represents a major milestone in Serve’s plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025. Serve robots have...

Full year revenue of $1.8 million , an increase of 773% year-over-year Continued geographic expansion in Los Angeles, successful launch in Miami, and planning entry into Dallas and Atlanta metros Reach increased to over 1,000 restaurants, a 3x increase year-over-year, and to over 300,000 households, a 2x increase year-over-year Ending 2024 cash of $123 million, no debt; an additional $91m raised in January 2025, bringing the total financing to $259 million since January 2024 SAN FRANCISCO, March...

SAN FRANCISCO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Serve Robotics (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that its Chief Financial Officer Brian Read will participate in a fireside chat at the Cantor Global Technology Conference on March 11, 2025, at 3:40 pm Eastern Time. The presentation will be webcast on Serve’s investor relations website at investors.serverobotics.com . A replay of the webcast will be available for 30 days following the live...

SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will report its 2024 fourth quarter and full year financial results on Thursday, March 6, 2025 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Company management will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET. A live audio...

Autonomous robot deliveries rolling out in Miami Beach and Brickell via Uber Eats Select Shake Shack and Mister O1 customers may receive their next order from a Serve robot SAN FRANCISCO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in the Miami metro area, alongside the expansion of its existing partnership with Shake Shack Inc. (“Shake Shack”) (NYSE:SHAK) and new partnership...

SAN FRANCISCO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- 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 4,210,525 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $80.0 million, before deducting placement agent fees and other...

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 $86 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...

SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as...

SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the appointment of former Postmates and GM executive Anthony Armenta as Chief Software and Data Officer. In the newly created role, Armenta will lead the development and strengthening of Serve's software, AI, and autonomy stack, enhancing the robots’ reliability, performance, and ability to scale nation-wide. Armenta re-joins Serve after...

Faster, smarter delivery robots will support Serve’s scaling across the U.S. Manufacturing cost halved, while advancing safety, autonomy, performance and speed New robots have entered manufacturing and are on track for deployment in 2025 SAN FRANCISCO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today unveiled its third-generation autonomous delivery robot. The new model boasts significantly enhanced...