Culinary & Foodservice

LG Electronics Acquires Majority Stake in Bear Robotics

LG Electronics acquired a 51% stake in Bear Robotics in January 2025 to expand its commercial robot presence and strengthen its connected kitchen and smart-home ecosystem via the LG ThinkQ platform.

The numbers

  • 51% LG Electronics acquired a 51% stake in Bear Robotics.
  • 74.4% 74.4% of restaurants find AI to be “very or extremely effective”.
  • $10 billion Smart restaurant robot industry expected to exceed $10 billion by 2030.
  • 2,000 Serve’s plan to deploy 2,000 AI-powered delivery robots in the U.S.
  • 13 gallons Serve’s Gen3 robots can carry 13 gallons of cargo.

Sources

More from this issue