Serve Robotics Stock Price, News & Analysis

Serve Robotics (NASDAQ: SERV) was named to Fast Company's Next Big Things in Tech list, ranking first in the Robotics and Automation category on October 14, 2025.

The recognition highlights Serve's third-generation autonomous sidewalk delivery robot, which the company says operates nearly 2x faster, travels 2x the distance, runs +6 hours/day, carries larger cargo, and features safety upgrades including fail-safe brakes and an emergency braking system that stops 40% faster. Since production began in October 2024, Serve has deployed 1,000 Gen3 robots in U.S. cities and targets 2,000 robots by end of 2025.

Serve also announced an October 2025 collaboration with DoorDash to begin robot deliveries in Los Angeles, complementing an existing partnership with Uber Eats.

Serve Robotics (Nasdaq: SERV) announced a registered direct offering of 6,250,000 shares of common stock expected to raise approximately $100.0 million in gross proceeds, before placement agent fees and offering expenses. The offering is expected to close on or about October 14, 2025, subject to customary closing conditions. The company intends to use net proceeds for general corporate purposes, including working capital. Northland Capital Markets is sole placement agent; Oppenheimer and Wedbush are capital markets advisors. The offering is made under an effective Form S-3 shelf registration declared effective March 14, 2025.

Serve Robotics (NASDAQ: SERV) and DoorDash (NASDAQ: DASH) announced a multi-year strategic partnership on October 9, 2025 to roll out Serve’s autonomous sidewalk robots for DoorDash deliveries across the U.S. Los Angeles customers can already receive orders via Serve robots from participating merchants, with expansion to more cities planned.

Serve has completed over 100,000 deliveries from more than 2,500 restaurants, and the tie-up integrates Serve into DoorDash’s multi-modal logistics platform combining Dashers, drones, and robots.

Serve Robotics (NASDAQ: SERV) announced the deployment of its 1,000th third‑generation autonomous delivery robot on October 6, 2025. The company deployed over 380 third‑generation robots in September 2025, and says it remains on track to reach its target of 2,000 robots by year‑end 2025. Deployments are across multiple U.S. communities as Serve scales its sidewalk delivery fleet. The company directs readers to its website for additional information.

Serve Robotics (Nasdaq: SERV) has launched its autonomous sidewalk delivery service in Chicago, marking its first Midwest expansion. The company is extending its partnership with Uber Eats (NYSE: UBER) to serve 14 Chicago neighborhoods, connecting over 100 restaurants with hundreds of thousands of households.

The expansion follows successful deployments in Los Angeles, Miami, Dallas-Fort Worth, and Atlanta. This launch represents a significant step toward Serve's goal of deploying 2,000 AI-powered delivery robots across the U.S. by the end of 2025. The service will offer contact-free delivery options to Chicago residents, known for their vibrant dining scene and extensive pedestrian infrastructure.

Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, has acquired Phantom Auto and its Swedish subsidiary Voysys AB for $5.75 million in cash. Voysys, founded in 2014, specializes in ultra-low latency video streaming and teleoperation technology, achieving glass-to-glass latency as low as 50 milliseconds.

The acquisition enhances Serve's technology stack for its autonomous delivery robot fleet. Voysys will continue operating independently under Serve's Software & Data Services platform, maintaining its existing contracts with global clients while expanding its capabilities. The integration has already demonstrated improvements in connection quality and latency across Serve's production fleet of hundreds of robots.

Serve Robotics (NASDAQ:SERV), a leader in autonomous sidewalk delivery, has acquired Vayu Robotics to advance AI foundation model-based autonomy for last-mile delivery. The acquisition involves 1,696,069 shares of common stock upfront, with potential additional 560,000 shares tied to performance milestones and 4,000,000 warrants at $10.36 per share.

The strategic combination aims to enhance Serve's autonomous delivery capabilities by integrating Vayu's AI foundation models and simulation technology with Serve's real-world dataset. Key objectives include accelerating entry into new markets, improving safety and reliability, and reducing delivery costs to $1 per delivery. Notable Silicon Valley investor Vinod Khosla will join Serve's Advisory Board as part of the deal.

Serve Robotics (NASDAQ:SERV), a leading autonomous sidewalk delivery company, reported strong Q2 2025 results with revenue of $642,000, up 46% from Q1 2025. The company achieved 78% quarter-over-quarter delivery volume growth and expanded its robot fleet with over 120 new third-generation robots.

Key highlights include launching operations in Atlanta, completing a Middle East pilot in Doha, and securing a partnership with Little Caesars. The company maintains a strong liquidity position of $183 million, providing runway through 2026. Serve projects Q3 2025 revenue between $600-700K, representing 170-215% year-over-year growth, and anticipates reaching $60-80 million annualized revenue once its 2,000-robot fleet is fully deployed in 2026.

Serve Robotics (NASDAQ:SERV) has partnered with Little Caesars and Uber Eats (NYSE:UBER) to launch autonomous robot delivery services in Los Angeles. The company's third-generation robots can carry four large 16-inch pizzas plus additional items while maintaining food temperature.

The partnership expands Serve's existing presence on Uber Eats platform, which already operates in Los Angeles, Miami, Dallas and Atlanta, with more U.S. cities planned. The robots feature an expanded cargo bin designed specifically for pizza delivery, capable of carrying pizzas, wings, bread, and beverages.