Serve Robotics raises $86M in Dec 2024, total 2024 proceeds $167M

Serve Robotics Inc. /DE/

Raised $86M gross in December 2024 via ATM and warrant exercises; full-year 2024 raised $167M.
Total funding since 2021 spinout ~$220M; shares outstanding ~51.5M as of Dec 31, 2024.
Liquidity extends operational runway through end of 2026; can self-fund equipment investments.
Funds support production ramp of third-gen robots and entry into new markets.

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