Bear Robotics launches Servi Q in Japan with SoftBank
SoftBank holds exclusive global sales rights while Bear Robotics retains US and South Korean markets. They jointly developed the robot for limited spaces.
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Autonomous mobile robotics company
bearrobotics.aiLast updated
In short: Bear Robotics launched Servi Q with SoftBank, pursued up to $300M in pre-IPO funding, and agreed to acquire Kinisi Robotics.
SoftBank holds exclusive global sales rights while Bear Robotics retains US and South Korean markets. They jointly developed the robot for limited spaces.
This compact service robot navigates narrow restaurant aisles, coordinates with other units, and ensures spill-free delivery, now open for free demos.
The robot detects obstacles behind it, eliminating the need for three-point turns or staff intervention. This maintains accessibility and ensures continuous service during rushes.
The transaction grants LG a 51 percent controlling interest. The parent company plans to integrate these AI systems into its broader commercial and consumer robot lines.
Bear Robotics Inc., the US robotics startup majority owned by LG Electronics Inc., is sounding out private equity firms to raise as much as 400...
Shares of LG Electronics jumped more than 8% on Monday after South Korean outlet Hankyung reported the company is preparing a ...
Kinisi's KR1 humanoid robot, its Bristol-based engineering team, and its physical AI capabilities will be integrated into Bear Robotics.
Kinisi adds the manipulation AI layer that completes Bear's multi-robot Physical AI platform - extending Bear's deployed fleet from moving and delivering to handling physical...
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