DEPLOY

Partnership

Serve Robotics financing (Uber & NVIDIA-backed)

Serve Robotics (which spun out of Uber in 2021) raised growth financing led by existing investors Uber, NVIDIA, and Wavemaker Partners ahead of its 2024 Nasdaq listing; NVIDIA later disclosed an ~10% stake. (month-precision date: APO began Aug 2023)

investment · Active · operating


Machine-readable surfaces

6ecc7ac9-6d77-4878-94fe-f488cbf39bc5
Type
investment
Status
Activeoperating
Announced
2023-08-01
3.2 years ago
Active for
3.2 years

Who’s involved

Serve Roboticsco developer

Los Angeles-based autonomous sidewalk delivery robot company spun off from Uber's Postmates division. Founded by CEO Ali Kashani and VP MJ Burk Chun, Serve Robotics develops Level 4 autonomous delivery robots deployed for Uber Eats. Listed on [Nasdaq](/companies/nasdaq): SERV. Raised $80M in total funding. Expanding to DC area and other markets in 2025.

HQLos Angeles, CAserverobotics.com6 partnerships

Most-frequent partners

NVIDIAinvestor partner

World leader in accelerated computing and AI (NASDAQ: NVDA). In physical AI, NVIDIA develops the Isaac robotics platform: the GR00T open foundation model, Jetson edge compute (AGX Thor), Isaac Lab and Isaac Sim simulation environments, and Omniverse. NVIDIA positions itself as the platform layer for the humanoid industry. Developer of [GR00T N1](/brains/gr00t-n1), the first open humanoid foundation model.

HQSanta Clara, California, USAnvidia.com1110 partnerships

Most-frequent partners

Uberinvestor partner

Uber Technologies (NYSE: UBER) is a global ride-hailing and delivery platform. Committed $10B+ to autonomous vehicle investments through equity stakes and robotaxi fleet agreements. Partners with Waymo (exploring exit), serves as AV deployment channel in Austin and Atlanta. Exploring split with [Waymo](/companies/waymo) as tensions deepen. Stock down 16% YTD 2026.

HQSan Francisco, CAuber.com31 partnerships

Most-frequent partners

Wavemaker Partnersinvestor partner

Wavemaker Partners is Southeast Asia's leading venture capital firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, it has backed 200+ companies across the region with over US$500 million in total committed capital, with exits generating over US$2 billion in enterprise value. The firm operates three fund strategies: Wavemaker Ventures (early-stage), Wavemaker Impact (climate tech venture-building), and Wavemaker Growth (Series B+). It co-founded companies through Wavemaker Labs (robotics), including [Miso Robotics](/companies/miso-robotics).

HQSingaporewavemaker.vc1 partnerships

Most-frequent partners

Related partnerships

Other partnerships of Serve Robotics

Other partnerships of NVIDIA

Other partnerships of Uber

Recent partnerships of the same kind

Sources (1)

  1. https://techcrunch.com/2024/04/18/uber-nvidia-backed-serve-robotics-hits-public-markets-with-40m-splash/

Deploy Watch

Track this partnership.

We notify you when the status changes against primary-source evidence, expansion is verified, or the partnership is terminated.