Tech Company Financing Transactions

Bear Robotics Funding Round

Bear Robotics closed a $81 million Series B funding round on 3/15/2022. Investors included IMM Investment, Cleveland Avenue and private investors.

Transaction Overview

Company Name
Announced On
3/15/2022
Transaction Type
Venture Equity
Amount
$81,000,000
Round
Series B
Investors
Proceeds Purpose
This new Series B investment will accelerate Bear Robotics' efforts in adding new products that complement the increasing need for automation in the hospitality space and expanding the company's reach into new markets around the world.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
1711 E Bayshore Rd. B
Redwood City, CA 94063
USA
Email Address
Overview
Bear Robotics was started in 2017 to address the increased pressure faced by the food service industry around wages, labor supply, and cost efficiencies. Our company has developed a robot named Penny enabled by artificial intelligence and able to autonomously shuttle food from a kitchen out to tables and bring dishes back for cleaning.
Profile
Bear Robotics LinkedIn Company Profile
Social Media
Bear Robotics Company Twitter Account
Company News
Bear Robotics News
Facebook
Bear Robotics on Facebook
YouTube
Bear Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Ha
  John Ha LinkedIn Profile  John Ha Twitter Account  John Ha News  John Ha on Facebook
Chief Operating Officer
Juan Higueros
  Juan Higueros LinkedIn Profile  Juan Higueros Twitter Account  Juan Higueros News  Juan Higueros on Facebook
Chief Technical Officer
Fangwei Li
  Fangwei Li LinkedIn Profile  Fangwei Li Twitter Account  Fangwei Li News  Fangwei Li on Facebook
VP - Sales
Bren Pierce
  Bren Pierce LinkedIn Profile  Bren Pierce Twitter Account  Bren Pierce News  Bren Pierce on Facebook


 

 

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Prev: 3/15/2022: Bazaar Technologies venture capital transaction
Next: 3/15/2022: CHEQ AI Technologies venture capital transaction

 

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