What is Serve Robotics acquiring?

Serve Robotics is acquiring Diligent Robotics, a company that builds hospital assistance robots called Moxi.

How much did Serve Robotics pay for Diligent Robotics?

The acquisition values Diligent Robotics' common stock at $29 million.

What is Diligent Robotics' Moxi robot used for?

The Moxi robot assists in hospitals by performing tasks like delivering lab samples and supplies.

Home / Business and Economy / Serve Robotics Acquires Healthcare Robot Startup

Serve Robotics Acquires Healthcare Robot Startup

21 Jan

•

Summary

Serve Robotics acquired Diligent Robotics for $29 million.
Diligent Robotics' Moxi robots assist in hospitals.
Acquisition marks Serve's first expansion beyond food delivery.

Serve Robotics Acquires Healthcare Robot Startup

Serve Robotics, a company backed by notable investors and known for its sidewalk delivery robots, has officially acquired Diligent Robotics. The deal, valued at $29 million, signifies Serve's strategic expansion into the healthcare industry.

Diligent Robotics, founded in 2017, specializes in creating robots named Moxi. These robots are designed to support healthcare professionals by performing various tasks within hospitals, such as delivering medical supplies and laboratory samples. Prior to the acquisition, Diligent Robotics had secured over $75 million in venture capital, including a $25 million round in 2023.