Robotics are Today’s Theme
DENVER, Colo., Jan 06, 2025 (247marketnews.com)- It seems like everything with robotics or bot in their name is pumping today, as Richtech Robotics (NASDAQ: RR), Nauticus Robotics (NASDAQ: KITT), Arbe Robotics (NASDAQ: ARBE), Serve Robotics (NASDAQ: SERV), Ekso Bionics (NASDAQ: EKSO), and Microbot Medical (NASDAQ: MBOT) are among this morning top premarket performers.
Serve Robotics (NASDAQ: SERV) announced that it secured $86 Million in new funding, in December, bringing its total new capital raised in 2024 to $167 million.
The funds should extend Serve’s runway through the end of next year and allow Serve to self-fund equipment investments, eliminating the near-term need for equipment financing and its associated servicing costs.
Brian Read, Serve’s Chief Financial Officer, stated, “This liquidity position reflects strong confidence in our vision and market potential. Looking ahead, we believe we are well-positioned to continue to scale our operations and enter new markets in 2025 and beyond.”
Arbe Robotics (NASDAQ: ARBE) announced that its collaborating with NVIDIA to enhance radar-based free space mapping and AI-driven capabilities.
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