How much funding has Swiss-Mile raised?

Swiss-Mile has raised $22.0M in total funding, most recently a Seed round.

Who are Swiss-Mile's investors?

Swiss-Mile's investors include Hongshan Capital Group.

When was Swiss-Mile founded?

Swiss-Mile was founded in 2023.

Where is Swiss-Mile headquartered?

Swiss-Mile is headquartered in Zurich, Switzerland.

What industry is Swiss-Mile in?

Swiss-Mile operates in Logistics Technology, Robotics.

How many employees does Swiss-Mile have?

Swiss-Mile has 11-50 employees.

Swiss-Mile

Autonomous Wheeled-Legged Robots for Last-Mile Delivery

Zurich, Switzerland · Founded 2023 · $22.0M raised

Logistics Technology

Robotics

Headquarters: Zurich
Employees: 11–50
Founded: 2023
Business Model: B2B

Website: rivr.ai
Total Funding: $22.0M
Last Round: $22.0M SeedApr 2023
Rounds: 1

About

Swiss-Mile (now operating as RIVR) was founded in April 2023 by Marko Bjelonic, Giorgio Valsecchi, Lorenz Wellhausen, Alexander Reske, and Marco Hutter, following six years of research at ETH Zurich. The company developed a hybrid quadrupedal robot combining wheels and legs, capable of carrying payloads up to 60 kg, walking, driving, and standing upright on two legs. Raised $22M in seed funding co-led by Bezos Expeditions and HongShan (Amazon Industrial Innovation Fund also participated). Has deployed robots for last-mile delivery in Asia, the Middle East, and Europe. The company has since rebranded to RIVR, focusing on General Physical AI through doorstep delivery.

Summary

Swiss-Mile is a Logistics Technology company based in Zurich, Switzerland, founded in 2023. It has raised $22.0M in total across 1 round, most recently a $22.0M Seed round in Apr 2023. Investors include Hongshan Capital Group.