Bear Robotics
Silicon Valley maker of autonomous serving and delivery robots for restaurants and hospitality, led by its Servi line, majority-owned by LG Electronics since January 2025.
Bear Robotics has raised $141M across 2 disclosed rounds since Mar 15, 2022; the latest round, Strategic investment (stock purchase agreement), was announced on Mar 11, 2024. Data as of Oct 1, 2026.
- Serve Robotics buys hospital robot maker Diligent for $29 million in stock, taking its sidewalk autonomy indoors
Serve Robotics agreed on January 19, 2026 to acquire Diligent Robotics, maker of the Moxi hospital delivery robot, for Serve common stock valued at $29.0 million including a potential $5.3 million earnout, and closed the deal on January 27. SEC filings show that a $19.0 million cash payment for Diligent's debt cut the stock actually issued at closing to 32,835 shares.
Mentioned - Doosan Robotics pays $27.2 million for 89.59% of Pennsylvania integrator ONExia to sell US packaging cells built around its arms
Doosan Robotics agreed on 28 July 2025 to buy 89.59% of ONExia, an Exton, Pennsylvania robot integrator, for a final KRW 37.41 billion (USD 27.19 million) in cash, closing on 17 September 2025. ONExia has since absorbed Doosan's US sales arm, won Haleon packaging contracts and swung to a loss as the merged unit, while Doosan raised its stake to 94.12%.
Mentioned - LG Electronics takes 51% of Bear Robotics and hands it the CLOi service robot business, four weeks after Samsung moved on Rainbow
LG Electronics' board voted on 22 January 2025 to exercise a call option for another 30% of Silicon Valley delivery robot maker Bear Robotics, lifting its stake to 51% and making the start-up a subsidiary. LG will move its CLOi commercial robot unit under Bear and keep chief executive John Ha in charge, but has not said what it paid for the second tranche.
Target - Samsung takes 35% of Rainbow Robotics for 267.5 billion won and puts a humanoid office under its CEO
Samsung Electronics exercised a call option on 31 December 2024 to raise its Rainbow Robotics stake from 14.71% to 35.00%, buying 3,935,814 shares from the founding group for 267,462,550,960 won. It also created a Future Robotics Office reporting to the chief executive, led by Rainbow co-founder Oh Jun-ho, and closed the share purchase on 12 March 2025.
Mentioned