Bear Robotics announces LG acquires a majority stake
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.
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Autonomous mobile robotics company
bearrobotics.aiLast updated
In short: Bear Robotics acquired Kinisi Robotics to expand its AI platform and secured a $60 million investment from LG Electronics.
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.
The January 17 agreement establishes an MOU for integrating fleet management technology with smart logistics systems to optimize automated warehouse operations worldwide.
The MoU grants LG exclusive rights to supply cylindrical battery cells for the Servi Plus and Carti 100 robots while co-developing future automation technologies.
The company will deploy its Servi Plus delivery robots at Japanese golf courses and spas to address labor shortages.
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...
REDWOOD CITY, CA / ACCESS Newswire / June 22, 2026 / Bear Robotics today announced it has signed a definitive agreement to acquire Kinisi Robotics...
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to...
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