Serve Robotics is to acquire Vebu, known for the Autocado, aiming to revolutionize kitchen automation and capitalize on the growing demand for innovative robotics in commercial kitchens. The Autocado, which cores, cleans, and mashes avocados, has the potential to become a high-growth, high-market-share product, driving significant revenue. Vebu's broader focus on robotics in the food industry p...
Serve Robotics Inc. (NASDAQ:SERV ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Aduke Thelwell – Head-Communications and Investor Relations Ali Kashani – Co-Founder and Chief Executive Officer Brian Read – Chief Financial Officer Conference Call Participants Operator Thank you for standing by. My name is Kathleen, and I will be your conference operator today.
Serve Robotics , known for its sidewalk delivery robots, is branching out from its mainstay focus on automated delivery solutions and into restaurant kitchens through its acquisition of the 'Autocado' technology seen at Chipotle stores.
Announced plans for geographic expansion into the Dallas Fort Worth metro Completed $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter end Announced agreement to acquire Vebu and its pioneering avocado-processing robot, Autocado SAN FRANCISCO , Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve") (Nasdaq: SERV), a leading autono...
Acquisition deepens Serve's offerings for the restaurant industry, helping partners improve efficiency and manage labor shortage challenges from kitchen to curb SAN FRANCISCO , Nov. 7, 2024 /PRNewswire/ -- Serve Robotics Inc. ("Serve") (Nasdaq: SERV), a leading autonomous robotic delivery company, today announced its agreement to acquire the assets of Vebu Inc. ("Vebu"), a trailblazer in full-...
SAN FRANCISCO , Oct. 29, 2024 /PRNewswire/ -- Serve Robotics (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced that it will release its financial results for the third quarter ended September 30, 2024 after U.S. markets close on Thursday, November 7, 2024. Company management will host a conference call and webcast at 2:00 p.m.
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