Bear Robotics Timeline

Events

• 2026-06-22 - Acquisition - Bear Robotics signs definitive agreement to acquire Kinisi Robotics - Kinisi is the Bristol-based startup behind KR1, a wheeled humanoid for pick, place, sort and object-moving workflows. The acquisition adds manipulation AI, including VLA and Robot Foundation Model work, to Bear’s deployed service-robot platform. The… - source: bearrobotics.ai
• 2026-05-16 - Product Launch - Bear Robotics unveils Servi Q compact service robot - Bear Robotics unveiled Servi Q on May 16, 2026, during the National Restaurant Association Show in Chicago. The compact robot is designed to navigate passages as narrow as 18 inches across dining rooms, kitchens, bars and pickup areas. Peer-to-peer… - source: bearrobotics.ai
• 2025-01-24 - Acquisition - LG Electronics secures majority stake in Bear Robotics - LG Electronics exercised a call option to acquire an additional 30 percent stake in Bear Robotics. The transaction followed LG's earlier USD 60 million investment, raising LG's holding to 51 percent and making Bear Robotics a subsidiary. LG said the… - source: lg.com
• 2024-11-18 - Partnership - LG Energy Solution Signs MoU with Bear Robotics to Become Exclusive Supplier of Cylindrical Batteries - LG Energy Solution and Bear Robotics signed an MoU making LG the exclusive supplier of 2170 cylindrical batteries for Bear robots. The agreement covers battery supply for flagship service platforms including Servi Plus to secure long-term power-cell… - source: inside.lgensol.com
• 2024-10-28 - Product Launch - Bear Robotics introduces Carti 100 logistics AMR - Bear Robotics introduced Carti 100 on October 28, 2024, expanding its portfolio from hospitality into logistics and industrial material handling. The robot can be configured with adjustable shelves or smart conveyor belts and uses adaptive navigation for… - source: roboticstomorrow.com
• 2024-03-12 - Funding - Bear Robotics receives USD 60M strategic investment from LG Electronics - LG Electronics invested USD 60 million in Bear Robotics through a stock purchase agreement. The deal gave LG a 21 percent stake and a call option to acquire up to an additional 30 percent. LG framed the investment as part of its strategy to expand its… - source: lg.com
• 2023-03-06 - Product Launch - Bear Robotics introduces Servi Plus hospitality robot - Bear Robotics introduced Servi Plus as a higher-capacity service robot for food running, drink delivery and bussing workflows. The product expanded the Servi line with an 88 lb payload and capacity for more than 16 dishes. The launch strengthened Bear… - source: businesswire.com
• 2022-03-15 - Funding - Bear Robotics raises USD 81M Series B - IMM led the round with participation from Cleveland Avenue and existing investors. The company had shipped 5,000 service robots across restaurants and hospitality markets. The capital supports healthcare, service or human-assistive robotics workflows as Bear… - source: thespoon.tech
• 2020-01-22 - Funding - Bear Robotics closes $32 million Series A - Series A: USD 32,000,000. SoftBank led or provided the financing. Capital supports scale its autonomous restaurant service robots. - source: techcrunch.com