LG Electronics takes a majority share in Bear Robotics, which is reported to evaluate the startup at $ 600 million

LG Electronics is betting on robots as the next large growth driver. South Korea Electronics said on Friday that it had agreed to obtain an additional 30 % stake in Bear Robotics, a California -based startup company Pre -support This is the construction of servers that work in Amnesty International for restaurants. The LG deal gives a majority of 51 % ownership of the startup, which will now become a company subsidiary for the largest company. LG refused to comment on the value of its latest share; A A local outlet in Korea Say about $ 180 million. If it is accurate, then this would give the total evaluation of $ 600 million.

A spokesman for the company added that the exact number will be revealed once the deal is closed.

Bear is famous for its experience in artificial intelligence technology that is able to control multiple robots, specifically the distance fleet management, LG said in his statement. The technology giant intends to integrate Bear with the commercial robot unit, which has developed “LG Cloi Robots”, to enhance its domestic Android sections and industrial robots.

The technology giant says it works to develop a comprehensive software platform for commercial, industrial and home robots using Bear technology. LG said that with the more robotics industry move towards solutions that focus on artificial intelligence, this investment and the deal are expected to improve the capabilities of LG robots.

The news comes less than a year after the electronics company poured $ 60 million In the bear robots in March 2024. This deal has already made LG in the largest shareholder in Bear. The former Bir financing in 2022 is estimated at more than $ 490 million, For all Pitchbook data.

The CEO and founder John Ha and the bear management team will continue and continue to create a synergy with the LG robot unit.

He founded Haa, a former Google software engineer who turned into a restaurant, Bear in 2017 after watching the challenges of a restaurant management, which motivated him to develop serving robots. SoftBank is running from internal connection robots in the United States, South Korea and Japan. Their robots are designed to help deliver food to restaurant customers.

“This additional investment confirms our dedication to putting robots as a pivotal growth engine for the company, which reflects our faith in their inevitable role in the future,” said Li Sam Soo, the chief strategy official at LG Electronics. “We will continue to drive innovation in all robots sectors, which include commercial, industrial and home applications.”

The robots and robots were a little bit this year in CES 2025, and LG made themselves part of that story. Although the CEO of LG William Cho focuses on the ability to expand robots to expand their applications beyond their current roles in sectors such as hospitality and logistical services for delivery.

LG’s interest in technology returns long before this year, and the last artificial intelligence is due to everything, as both Korea and Japan were adopting early for some of the oldest repetitions in this field. The Korean electronics company searches and develops robot and hardware programs more than a decade. In 2017, LG published a robot guide at the largest airport in South Korea, Inchon International Airport.

LG also has large robots through the LG home appliance solutions section. House of home robots are designed to work with home appliances and other local scenarios. One of the examples of Home Home Hub, a project called Q9, which is scheduled to be released later this year. It has an independent driving technique and can feel sounds, sounds and pictures. The Q9 has the Microsoft sound and synthesis technology, so that users can have easy and natural conversations with it.

Its artificial robot, “independent vertical”, uses the mobility, movement and implementation of tasks with its automatic arm.

Samsung, a LG competitor in the electronics sector, He said earlier this month that she would launch her home robot In the first half of this year.