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New Deal


Announced

Completed

Wavemaker Partners, Uber, and NVIDIA completed a $30m investment in Serve Robotics reverse merger with Patricia Acquisition.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

Completed

Acquisition

Majority

Private

Reverse Takeover

Merger

United States

serve robotics

food delivery services

Delivery Services

Domestic

Private Equity

Synopsis

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Wavemaker Partners, Uber, and NVIDIA completed a $30m investment in Serve Robotics, an autonomous sidewalk delivery company, and a reverse merger with Patricia Acquisition, a public Delaware corporation. "We're thrilled that our core strategic partners Uber and NVIDIA continue to back Serve as we work to bring sustainable, autonomous delivery to every doorstep in the next five years," Dr. Ali Kashani, Serve Robotics Co-founder and CEO.

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