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Serve Robotics Advances with Capital Raise and Expansion

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Serve Robotics Inc ( (SERV) ) has provided an update.

Serve Robotics, a leader in autonomous delivery, reported notable progress in Q3 2024 with a $32.3 million capital raise, expansion plans into Dallas Fort Worth, and an agreement to acquire Vebu for its innovative avocado-processing robot. The company is ahead of schedule to deploy 2,000 robots with Uber Eats by 2025 and has partnered with Wing Aviation and Shack Shack for further growth. Their operational enhancements led to a significant rise in daily active robots and supply hours, supporting their strategic goal for 2025.

For an in-depth examination of SERV stock, go to TipRanks’ Stock Analysis page.

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