LG Electronics USA Inc. today announced that it has secured a majority stake in Bear Robotics Inc., an autonomous service robot developer in Silicon Valley. LG said the acquisition aligns with its ...

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 acquire an additional 30% stake in Bear Robotics ...

Bear Robotics, founded by former Google software engineer Ha in 2017, is known for its autonomous service robot, Servi, which is sold in the United States, Korea and Japan.

Late last week, LG Electronics announced it had acquired a majority stake in Bear Robotics, increasing its ownership of the San Francisco-based startup from 21% to 51%. According to South Korean ...

SEOUL, Jan. 24, 2025 /PRNewswire/ -- LG Electronics (LG) has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon ...

LG Electronics has secured a majority stake in Bear Robotics, a Silicon Valley-based startup specializing in AI-driven autonomous service robots. The acquisition aligns with LG's strategy to ...

LG Electronics pours $60M into U.S. startup Bear Robotics LG CNS to develop robots with U.S. startup Bear Robotics ...

LG Electronics has bolstered its robotics division by acquiring a controlling 51% stake in Bear Robotics, a Silicon Valley-based startup renowned for its Servi food service robot. This acquisition ...

Here’s how it works. LG Electronics has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon Valley-based startup ...