SoftBank led a series A round for the robotic waiter developer that included fellow corporate investors Line Ventures, Lotte Group, Smilegate and DSC.
Bear Robotics, the US-based developer of robots for the food service industry, has completed a $32m series A round led by telecommunications and internet conglomerate SoftBank.
The round included Line Ventures, the corporate venturing arm of messaging platform Line Corporation, as well as diversified conglomerate Lotte Group, video game publisher Smilegate, seat frame manufacturer DSC and venture capital firm Vela Partners, according to The Spoon.
Founded in 2017, Bear is developing an artificial intelligence-powered robot called Penny that will automatically…
