- Headquarters
- Zurich
- Employees
- 11–50
- Founded
- 2023
- Business Model
- B2B
- Website
- rivr.ai
- Total Funding
- $44.0M
- Last Round
- $22.0M SeedAug 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 5 investors for this company. The full record is or through the API.
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 company based in Zurich, Switzerland, founded in 2023. It has raised $44.0M in total across 2 rounds, most recently a $22.0M Seed round in Aug 2024. Investors include Bezos Expeditions, HongShan (Sequoia China) and Hongshan Capital Group.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Aug 2024
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Funding: Seed. Amounts, valuations, and investors where available.
Investors
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