Autonomous robots for deliveries are getting ready to go to the next level.

‍What’s happening:‍

• Delivery robotics company Serve Robotics (NASDAQ:SERV) has officially begun trading on the Nasdaq
  
• The new public listing for Serve comes after successfully completing a SPAC transaction with Patricia Acquisition Corp
  

By the numbers:‍

• Through their public listing, Serve Robotics has landed $40M USD in new funding
  
• Serve Robotics currently has 100 robots deployed in Los Angeles, California conducting autonomous deliveries
  
• Artificial intelligence chip maker Nvidia (NASDAQ: NVDA) owns a 14.3% ownership stake in Serve Robotics
  

Why it matters:‍

• Robotics for deliveries has been a rapidly growing trend from Wall Street to Silicon Valley, including the recent notable merger between Kiwi Robotics and Taiwan chip maker AUTO Mobility Solutions
  

The intrigue:‍

• Serve Robotics originally spun out Postmates after they were acquired by Uber (NASDAQ: UBER)

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