Bear Robotics Secures $60M Series C for Global Expansion in Robotics and AI, With LG Electronics Leading the Charge
Bear Robotics is at the forefront of integrating service robotics and artificial intelligence to create practical solutions for daily operations in diverse industries.
Company Name: Bear Robotics
Location: Redwood City, CA
Sector: Service Robotics and Artificial Intelligence
Funding Details: Raised $60M in Series C funding led by LG Electronics.
Purpose of Investment: To fuel expansion into new markets, particularly focusing on emerging sectors like smart warehousing and supply chain automation.
Leadership: CEO John Ha
Product: Bear Robotics has introduced Servi, a line of self-driving indoor robots designed to support staff by automating routine tasks across various sectors, including hospitality, healthcare, retail, logistics, and real estate. These robots aim to reduce workload and improve operational efficiency.
About Company: Bear Robotics is at the forefront of integrating service robotics and artificial intelligence to create practical solutions for daily operations in diverse industries. The strategic partnership with LG Electronics significantly boosts Bear Robotics' mission. It aims to transform efficiency and productivity in areas poised for innovation by deploying their Servi robots globally.