Mentioned:
Autonomous delivery robots have found a new home: Miami.
What’s happening:
- Serve Robotics (NASDAQ: SERV) has officially launched their fleet of autonomous delivery robots in Miami for the first time ever
Why it matters:
- Serve Robotics has been quickly making moves to become one of the dominant players in autonomous deliveries in America, which has largely been fuelled by their highly successful operational debut in Los Angeles
Going deeper:
- Serve Robotics has partnered with Shake Shack (NYSE: SHAK) and Mister 01 Extraordinary Pizza for deliveries in Miami
- Currently, Serve Robotics is capable of fulfilling deliveries in the Miami Beach and Brickell neighbourhoods through the Uber (NASDAQ: UBER) Eats platform
The intrigue:
- Serve Robotics has been raising fresh capital at a feverish pace, recently bringing in $86M USD through an equity financing and warrant conversions
