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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Phone
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Website
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Social
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- Legal Name Bear Robotics, Inc.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $60.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Series C - Bear Robotics | Valuation | LG |
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| Mar, 2022 | Amount | Series B - Bear Robotics | Valuation | IMM Holdings | |
| Jan, 2020 | Amount | Series A - Bear Robotics | Valuation | SoftBank |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private fund focused on debt and equity investments in medium and large-sized businesses
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested primarily in South Korean startups.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by KT Investment.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bear Robotics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bear Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bear Robotics Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Indoor catering robots for delivery tasks are provided.
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| domain | founded_year | HQ Location |
Indoor delivery robots for hospitality are manufactured.
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| domain | founded_year | HQ Location |
Online platform for ordering food through delivery robots
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| domain | founded_year | HQ Location |
Autonomous robots for food delivery and services are developed.
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| domain | founded_year | HQ Location |
AI-powered autonomous robots for food and beverage delivery are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bear Robotics
Frequently Asked Questions about Bear Robotics
When was Bear Robotics founded?
Bear Robotics was founded in 2017.
Where is Bear Robotics located?
Bear Robotics is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Bear Robotics?
John Ha is the current CEO of Bear Robotics. They have also founded this company.
Is Bear Robotics a funded company?
Bear Robotics is a funded company, having raised a total of $175M across 5 funding rounds to date. The company's 1st funding round was a Series A of $32M, raised on Jun 01, 2017.
What does Bear Robotics do?
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.
Who are the top competitors of Bear Robotics?
Bear Robotics's top competitors include Relay Robotics, Shenzhen Pudu Technology and Delivers AI.
Who are Bear Robotics's investors?
Bear Robotics has 13 investors. Key investors include SoftBank, Smilegate, Woowa Bros, LG, and Lotte.
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