Bear Robotics

Bear Robotics is a maker of the Penny restaurant server robot. The company provides automation products for the hospitality industry.

Bear Robotics addresses the increased pressure faced by the food service industry around wages, labor supply, and cost efficiencies.

Bear Robotics was founded in 2017 by John Ha, Juan Higueros, Fangwei Li and Bren Pierce. The company is headquartered in Redwood City, California.

Bear Robotics' transform the future of work in the hospitality industry by automating repetitive tasks and helping people provide outstanding service.

Bear Robotics 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. Penny can be configured into several modes. The default is [for it to hold] three trays, so it can carry food to a table or a server can use it for busing help.

 

Bear Robotics is backed by SoftBank Group, LINE Ventures Corp., Lotte Group, South Korea’s Woowa Bros and others. The company raised $32M in a Series A financing on Jan 22, 2020. This brings Bear Robotics' total funding to $34M to date.

 

 

  • Year founded: 2017
  • Funding Info: $34M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Redwood City
  • State: California
  • Country: United States
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