About Bear Robotics
Bear Robotics is a company based in San Francisco (United States) founded in 2017 by Fangwei Li, John Ha, Juan Higueros, and Brennand Pierce was acquired by LG in January 2025. Bear Robotics has raised $175 million across 5 funding rounds from investors including SoftBank, Smilegate and Woowa Bros. Bear Robotics operates in a competitive market with competitors including Shenzhen Pudu Technology, Relay Robotics, Delivers AI, Smile Robotics and RGT, among others.
- Headquarter San Francisco, United States
- Founders Fangwei Li, John Ha, Juan Higueros, Brennand Pierce
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Sectors
ConsumerIndustrial Goods & Manufacturing
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- Legal Name Bear Robotics, Inc.
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People of Bear Robotics
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Funding Insights of Bear Robotics
Bear Robotics has successfully raised a total of $175M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Bear Robotics
Bear Robotics has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank, Smilegate and Woowa Bros.
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Private fund focused on debt and equity investments in medium and large-sized businesses
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Early-stage venture capital is invested primarily in South Korean startups.
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Early-stage tech startups are invested in by KT Investment.
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Investor details for Bear Robotics
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Investments & Acquisitions by Bear Robotics
Investment portfolio details for Bear Robotics
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Financial Statements - Bear Robotics
Detailed financials for Bear Robotics
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Bear Robotics Comparisons
Peer comparison for Bear Robotics
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Competitors of Bear Robotics
Bear Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shenzhen Pudu Technology, Relay Robotics, Delivers AI, Smile Robotics and RGT, among others.
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Indoor catering robots for delivery tasks are provided.
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Indoor delivery robots for hospitality are manufactured.
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Online platform for ordering food through delivery robots
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Autonomous robots for food delivery and services are developed.
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AI-powered autonomous robots for food and beverage delivery are provided.
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Detailed competitors of Bear Robotics
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Latest news on Bear Robotics
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Frequently Asked Questions about Bear Robotics
Bear Robotics was founded in 2017.
Bear Robotics is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
John Ha is the current CEO of Bear Robotics. They have also founded this company.
Bear Robotics is a funded company, having raised a total of $175M across 5 funding rounds to date.
Bear Robotics was founded in 2017 in San Francisco, United States, as a provider of AI-powered delivery robots within the hospitality sector. Pedestal-shaped robots are developed to autonomously transport food from kitchens to tables and return dirty dishes for cleaning. Table locations, chairs, and obstacles are programmed by users to guide navigation. Robots are rented to restaurants through a labor-as-a-service model.
Bear Robotics's top competitors include Relay Robotics, Shenzhen Pudu Technology and Delivers AI.
Bear Robotics has 13 investors. Key investors include SoftBank, Smilegate, Woowa Bros, LG, and Lotte.