Bear Robotics Raises $81M Series B To Scale Up Mobile Robots In The Hospitality Market

Mar 15, 2022•over 3 years ago

Amount Raised

$81 Million

Round Type

series b

Description

Bear Robotics, a leading innovator of hospitality robotics and artificial intelligence solutions, today announced the completion of a $81M Series B funding round. New investor IMM led the round with participation from Cleveland Avenue, LLC and other existing investors. To date, Bear Robotics has raised $117M in total funding, including a $32M Series A funding round in January 2020 led by SoftBank.

Company Information

Company

Bear Robotics

About

Bear Robotics is elevating dining experiences by automating the hard part. By utilizing AI and self-driving technology, Bear Robotics deploys robots to take care of everything from drink serving to food running and table bussing, allowing hosts and waitstaff to focus on delivering outstanding service. Headquartered in Redwood City, CA, Bear Robotics’ multi-award-winning robots tackle tough jobs in fine-tuned fashion across a range of restaurants, corporate campuses, hotels, ghost kitchens, senior care facilities, and casinos across North America and Asia. Visit bearrobotics.ai for more information.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech