LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
Jan 28, 2025•5 min
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Episode description
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, a California-based startup it previously backed that is building AI-powered server robots for restaurants.
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