Uber spins out delivery robot startup as Serve Robotics – TechCrunch
Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, has officially spun out as an independent company called Serve Robotics. Serve Robotics didn’t share specifics of the funding except to confirm that the round, which will be a Series A, has not been completed yet. “While self-driving cars remove the driver, robotic delivery eliminates the car itself and makes deliveries sustainable and accessible to all,” said Kashani, co-founder and CEO of Serve Robotics. Postmates revealed its first Serve autonomous delivery bot in December 2018. In a similarly crafted deal, Uber Elevate was sold to Joby Aviation in December.