Postmates’ Serve closes $ 13 million seed funding round

The robotics division of Postmates, which changed its name to Serve Robotics in February of this year following Uber’s purchase of Postmates last year, announced on Monday, December 6, expanded seed funding of $ 13 million. .

During the spin-off, Serve said he plans to consider rolling out sidewalk delivery robot fleets in the United States, which was already happening in Los Angeles before Uber bought the company. .

This additional funding will help Serve continue to grow its employee base and develop more technology.

“This funding extension will allow us to grow our business operations by adding more robots, more partners and launching more markets over the coming year,” CEO Ali Kashani said, according to a VentureBeat report. “In two to three years, we would like to see our robots in all major American cities. “

The round table was backed by strategic investors Uber, Delivery Hero, the venture capital arm of 7-Eleven and Wavemaker Labs of Wavemaker Partners.

There has been a proliferation of delivery robots in recent years, and Serve’s press release notes that the company has made “tens of thousands” of autonomous deliveries to Los Angeles and San Francisco.

As the VentureBeat report notes, delivery robots have become popular on various campuses, reducing human interactions during the pandemic and replacing absent delivery drivers.

PYMNTS writes that Uber has made great strides in the delivery world, including the purchase of Postmates and its partnership with Gopuff, which rolled out to 95 cities in June and put Uber Eats in more homes.

See also: Five major milestones mark Uber’s progress, from journeys to logistics

The partnership has enabled Uber Pass and Eats Pass members to no longer pay delivery charges for Gopuff orders over $ 15, giving more users access to grocery deliveries.

With these moves, Uber’s reach is almost on par with DoorDash, which has a 44% market share in the United States.

Uber’s ambitions are also global, having bought out Chilean grocery delivery startup Cornershop in June.

——————————

NEW REPORT: TECHREG ™ CHRONICLE – DECEMBER 2021

On: This report represents the inaugural edition of the TechREG ™ Chronicle. The regulation of digital companies appears to be one of the key issues of our time. Through this new publication, we seek to contribute to the debate and discussion about when, how and when not to regulate digital businesses and the key technologies they use.

Source link

About Larry Noble

Check Also

3 must-see healthcare stocks for 2022

There is a long list of reasons to consider healthcare stocks, and not all of …