BlackRock Inc. increased its holdings in Serve Robotics by 24.5% during the second quarter. The firm purchased an additional 1,190,622 shares. BlackRock now controls approximately 7.81% of the company. This total stake is valued at nearly $39.75 million.
Legal & General Group Plc established a new position in Serve Robotics during the second quarter. The firm acquired 1,371,454 shares. This acquisition is valued at approximately $8.41 million. Legal & General now owns roughly 1.58% of the robotics firm.
These investments signal growing institutional interest in the autonomous delivery vehicle market.