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.
Apps and channels of Bear Robotics
its YouTube channel Bear Robotics, Inc. has 147 subscribers and 30 videos.
Videos from 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.
- Total Funding $175M
- Total Rounds 5
- Last Round Series C — $60M
- Investors Count 13
All 5 funding rounds of Bear Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $60M | Series C | – | LG | – |
| Mar 2022 | $81M | Series B | – | IMM Holdings | |
| Jan 2020 | $32M | Series A | – | SoftBank | |
| Apr 2018 | $2M | Seed | – | Woowa Bros | – |
| Jun 2017 | – | Grant | – | – |
13 investors in total: 13 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private fund focused on debt and equity investments in medium and large-sized businesses | – | immholdings.co.kr | Seoul, South Korea | |
Early-stage venture capital is invested primarily in South Korean startups. | 2012 | dscinvestment.com | Seoul, South Korea | |
Early-stage tech startups are invested in by KT Investment. | – | kti.vc | Seoul, South Korea | |
Vela Partners is recognized as a leading quantitative venture capital firm focused on AI. | 2017 | vela.partners | San Francisco, United States | |
Venture capital firm investing in multiple sectors | – | lineventurescorp.com | Tokyo, Japan | |
Sector-agnostic acceleration is provided to startups through global programs. | – | k-startupgc.org | Seongnam-si, South Korea | |
LG is recognized as a global conglomerate in technology and industrial sectors. | 1947 | lgcorp.com | Seoul, South Korea | |
Cleveland Avenue is engaged in venture capital investments globally. | – | clevelandavenue.com | Chicago, United States | |
Video games are developed and published by Smilegate. | 2002 | smilegate.com | Seongnam-si, South Korea | |
Confectionery goods are manufactured alongside diverse business services. | 1960 | lotte.co.kr | Seoul, South Korea |
Investor details for Bear Robotics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Bear Robotics
78 people are tracked at Bear Robotics (17 in leadership, 61 in team).
| Name | Role | Group |
|---|---|---|
Fangwei Li | Co-Founder & CTO | Leadership |
John Ha | Co-Founder & CEO | Leadership |
Juan Higueros | Co-Founder & COO | Leadership |
Brennand Pierce | Co-Founder & CRO | Leadership |
Kevin Rabideau | Director Of Software Engineering | Leadership |
Todd Peacock | Head Of Robotics Field Operations | Leadership |
Victoria Jin | Head Of Business Development | Leadership |
Sunghyuk Park | Head Of Manufacturing | Leadership |
Jeong-ki Yoo | Director Of Robotics | Leadership |
Joonsoo Kim | Head of Bear Robotics Korea | Leadership |
Jordan Bryan | Director of Operations | Leadership |
Mike Hwang | Director Of Electrical Engineering | Leadership |
Jake Lee | Director Of Business Development | Leadership |
Brian Kim | Head Of People Operations | Leadership |
Gennaro G. | Head Of Global Marketing | Leadership |
Kal Zayed | Head Of Food Distributor Partnerships | Leadership |
Chris Neider | Vice President Of Business Development & Sales | Leadership |
Doug Lane | Territory Sales Manager - Central United States | Team |
YeHyeong Jeon | Technical Support Engineer | Team |
Lynn Eliopoulos (Risinger) | Robotics Field Engineering Manager | Team |
58 more people are available in the full profile.
Complete people profiles for Bear Robotics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Bear Robotics
4 dated milestones of Bear Robotics across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Bear Robotics is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $60.0M.
- Exit Acquired by LG.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pudutech.com | 2016 | Shenzhen, China | $279.49M | – | Indoor catering robots for delivery tasks are provided. | |
| relayrobotics.com | 2013 | Campbell, United States | $10M | 11 | Indoor delivery robots for hospitality are manufactured. | |
| delivers.ai | 2020 | Istanbul, Turkey | $852,833 | – | Online platform for ordering food through delivery robots | |
| smilerobotics.com | 2019 | Bunkyo, Japan | – | – | Autonomous robots for food delivery and services are developed. | |
| rgt.kr | 2018 | Daejeon, South Korea | – | – | AI-powered autonomous robots for food and beverage delivery are provided. | |
| kaikaku.ai | 2023 | London, United Kingdom | $1.8M | – | Developer of robotics and AI technology for automating food service in restaurants | |
| loungelab.io | 2019 | Seongdong, South Korea | – | – | AI-based robots for the hospitality industry are developed. | |
| brobotics.kr | 2018 | Seoul, South Korea | $2.28M | – | AI-powered robotics solutions are provided for various industries. | |
| sirbot.kr | 2022 | Daejeon, South Korea | – | – | AI robots for autonomous serving and logistics in retail, healthcare, and hospitality. |
Detailed competitors of Bear Robotics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Bear Robotics
The website of Bear Robotics (bearrobotics.ai) receives about 29K visits a month.
- Monthly visits29K
▲ 19.9% vs previous month
Websites whose visitors overlap most with Bear Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
internsgrab.net | internsgrab.net | 100% | – | – | – |
| vecnarobotics.com | 100% | 18.9K | #1,394,463 | View details | |
mena-jobs.com | mena-jobs.com | 60% | – | #2,138,975 | – |
bzpp.co.kr | bzpp.co.kr | 60% | – | #137,184 | – |
| thefreshdev.com | 60% | – | #2,396,399 | View details |
Latest news on Bear Robotics
Complete news archive for Bear Robotics
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
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Similar companies to Bear Robotics
10 companies that operate in the same segment as Bear Robotics (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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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.
Bear Robotics operates through Bear Robotics, Inc..
Yes. Bear Robotics was acquired by LG in January 2025.