Uber spins off robot delivery unit of Postmates

Pedestrians watch a Postmates Serve autonomous delivery robot during a product demonstration in West Hollywood, California, US. — Bloomberg

WASHINGTON: Uber is spinning off the sidewalk robotics division of the Postmates delivery service acquired last year, creating a new company called Serve Robotics.

A statement Tuesday from Serve said it had an unspecificed amount of seed funding from venture capital firm Neo with participation by Uber and other investors.