Nvidia and Uber-backed Serve Robotics has raised $80 million via a direct offering of 4.2 million shares of common stock. The fresh cash will help the company extend its runway through 2026 and scale its fleet from the 100 robots on the streets of Los Angeles today to the 2,000 Serve hopes to deploy by […]
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When Alex Hawkinson was the CEO of SmartThings, the consumer-focused connected devices company he co-founded and sold to Samsung for around $200 million, he kept thinking that internet of things (IoT) technology could probably solve bigger issues. He left SmartThings in 2018 to figure out where connected devices could make the largest impact. He co-founded […]
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Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company’s earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash. The acquisition is expected to close by the end of the year, subject […]
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