StoryFunding
Bear Robotics raises $81M Series B led by IMM to scale Servi
Bear Robotics raised $81 million in a Series B led by Korean investor IMM, with Cleveland Avenue and existing investors joining. The money went to product development and hiring to speed up the Servi roadmap. It followed a $32 million Series A led by SoftBank in January 2020.
- $81M Series B; total raised $117M.
- Servi, launched in 2020, was working in restaurants, casinos, senior living and corporate campuses.
- CEO John Ha said the aim was to automate repetitive tasks without losing what makes a restaurant good.