March 2024 robotics funding was buoyed by significant investment into software and drone suppliers.

LG Electronics invests $60 million in Bear Robotics, betting on the growth of autonomous service robots and its roadmap for Software-defined Robotics.

Bear Robotics’ flagship product, Servi, is an autonomous mobile robot that can deliver drinks and food and aid in bussing tables.

Bear Robotics and SoftBank Robotics said the new Servi food-service delivery robot will become the market leader.