The Korean company first invested $60 million in Bear Robotics in March 2024, acquiring a 21 percent stake. LG Electronics also had call option rights to purchase an additional 30 percent of shares.

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the ...

LG Electronics, a global leader in technology and innovation, has announced a significant investment of $60 million in Bear Robotics, a Silicon Valley startup specializing in AI-driven autonomous ...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Bear Robotics, a leading innovator of hospitality robotics and artificial intelligence solutions, today announced the completion of a $81M Series B funding ...

On January 22, LG's board of directors exercised a call option to acquire an additional 30 percent stake in Bear Robotics.This follows an initial investment of USD 60 million in March 2024, which ...

Designed by Bear Robotics' in-house design and engineering teams in Silicon Valley, Carti 100 is engineered to revolutionize indoor logistics. Capable of carrying loads up to 220 lbs, and offering ...

With the investment, LG Electronics becomes Bear’s largest shareholder. LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots.

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the ...

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the ...