RIVR raises €19.8M Seed round

28 August 2024· Zurich, Switzerland· logistics, delivery, robotics, ai, b2b, software_hardware

The funding will support the development and deployment of RIVR's wheeled-legged robots for last-mile delivery, accelerate strategic growth initiatives, expand research and development efforts, scale manufacturing and operational capabilities, and support market expansion into new geographical areas and industry segments.

Investors

LeadBezos Expeditions
Also participating
Amazon Industrial Innovation FundLinear CapitalArmada InvestmentHongShanAgile Robots

About RIVR

Stage
Seed
Headquarters
Zurich, Switzerland
Founded
2023
Team Size
21–50
Traction
Customers include Swiss Post, JustEat, Migros Online
Sectors
logisticsdeliveryroboticsaib2bsoftware_hardware

Source: https://www.rivr.ai/news/swiss-mile-becomes-rivr-and-strengthens-focus-on-last-mile-delivery