“Can Bear Robotics leverage LG Electronics' global distribution and manufacturing scale to become the dominant AI-powered autonomous mobile robot platform across hospitality, logistics, and industrial verticals worldwide?”
Founded in 2017 as a restaurant-focused robotics startup, Bear Robotics commercialized Servi — a food-running/table-bussing robot — and scaled across hospitality verticals including senior living, hospitals, hotels, and entertainment venues. Starting in 2024, Bear broadened from pure hospitality into industrial/warehouse automation with the Carti AMR line, reflecting ambitions beyond restaurants. LG Electronics' step-up to 51% majority ownership in January 2025 transformed Bear from an independent startup into a strategic robotics subsidiary, with LG's global distribution and commercial robot business (CLOi) as the growth vehicle going forward.
Bear Robotics was founded by John Ha and is founded in 2017, headquartered in Redwood City, California, USA.
Bear Robotics has raised $175.85M in total (latest round: Corporate Majority (LG Electronics acquires 51% stake), January 2025; valuation: ~$600M (reported, January 2025)).
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