“The only worse than being a CEO of a public company is to be a CEO of a private company at this time,” says Ali Kashani, co -founder and CEO of Serv Serv Robotics. Access to capital, he argues, is everything in robotics. And in the risk climate of “Fomo drive” today, ensuring funds is far from guaranteed.
Backed by Nvidia and Uber, Servic recently raised $ 80 million to extend its track until 2026. The company aims to climb 100 delivery robots on the sidewalk on Los Angeles to 2,000 bots that operate among the cities of the United States. UU. At the end of this year and reaches operational profitability once that fleet is completely displayed. It is a bold play in a space where hardware, logistics and data are all.
Today about equity, Rebecca Bellan met Kashani to unpack how the service is sailing through public markets, climbing the robotics of the real world through the use of food delivery as a test terrain and building what he expects is the future of the delivery of last mile.
Listen to the complete episode to listen more about:
- How the service went from a postmates sword in 2021 to a company that quotes in the stock market through the reverse fusion in 2024.
- What is needed to climb a delivery fleet in cities such as Los Angeles, Miami and Dallas, and why be not throwing themselves in university campuses such as their rivals.
- Why Kashani says that the service sidewalk bots collect four more visual data per day than the GPT-4 vision model.
- How terrestrial robots and drones could work together to finally decipher last mile logistics.
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Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and publications every Wednesday and Friday.
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