Bear Robotics raised $81 million in Series B led by IMM where existing investors Cleveland Avenue and others also participated.
By automating the difficult aspect of the eating experience, Bear Robotics is upgrading dining experiences. Bear Robotics uses artificial intelligence and self-driving technology to deploy robots to handle everything from drink pouring to food running and table busing, letting hosts and waitstaff to focus on providing excellent service. Bear Robotics' efforts to add additional products that suit the growing need for automation in the hotel industry, as well as expanding the company's reach into new areas throughout the world, will be accelerated by this new funding. This money will also be used by Bear Robotics to hire more outstanding personnel.