Bear Robotics

About

Bear Robotics develops self-driving robots that use artificial intelligence to serve food in restaurants.

Redwood City,California,United States
101 - 250
https://bearrobotics.ai

Highlights

Details

Last Funding Type: Angel
Last Funding Money Raised: $750K
Industries: Artificial Intelligence,Machine Learning,Retail Technology,Robotics,Software
Founded date: May 5, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Bear Robotics, Inc.

Bear Robotics addresses the increased pressure faced by the restaurant industry around wages, labor supply, and cost efficiencies. It aims to revolutionize the restaurant and food service industry using robotics and AI. The company makes robots that help customers receive an improved dining experience, employees with greater job satisfaction, and owners of restaurants with an increase in profits.

Bear Robotics started in 2017 and is headquartered in Redwood City, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$115.75M

Bear Robotics has raised a total of $115.75M in funding over 2 rounds. Their latest funding was raised on Mar 15, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 15, 2022	Series B	$81M	2	IMM	—	Detail
Jan 22, 2020	Series A	$32M	2	SoftBank	—	Detail
Jan 31, 2018	Seed	$2M	—	—	—	Detail
Jun 1, 2017	Angel	$750K	4	—	—	Detail
Jun 1, 2017	Non-Equity Assistant	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

9

Bear Robotics is funded by 9 investors. IMM and SoftBank are the most recent investors.

Investor Name	Lead Investor	Funding Round
IMM	Yes	Series B
SoftBank	Yes	Series A
Cleveland Avenue	—	Series B
Vela Partners	—	Series A
Line	—	Angel
Charlie Songhurst	—	Angel
FuturePlay	—	Angel
John Ha	—	Angel
Founder Friendly Labs	—	Non-Equity Assistant