Swiss-Mile rebrands to RIVR, continues developing wheeled quadrupeds

Swiss-Mile, which is making and developing quadrupeds and allowing them with personified AI, has actually rebranded to a brand-new name: RIVR.

The Zurich, Switzerland-based company focuses on developing physical AI for last-mile shipment, making use of robotics plus expert system to boost effectiveness and sustainability. As Swiss-Mile, it was recognized for its assimilation of synthetic semantic networks right into robotics with wheels and legs.

RIVR stated its innovation attends to the expanding need for smarter and greener logistics services in city atmospheres.

RIVR is working with

The relabelled business has a dozen open positions, consisting of an elderly item supervisor. RIVR has actually been loading a variety of management settings over the previous year, consisting of working with Razwan Ghafoor as head of item and Ben Simmen as head of profits in the center of 2024.

Marko Bjelonic, founder and chief executive officer of Swiss-Mile, stated he is eagerly anticipating being a lot more associated with procedures and manufacturing. Generating skilled individuals will certainly allow him to concentrate a lot more on expanding business, Bjelonic stated.

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Rebranding comes before area examinations

The choice to rebrand a firm is never ever a simple one. The news adhered to Swiss-Mile’s effective $22 million seed round in August 2024, co-led by Jeff Bezos, exec chairman of Amazon, via Bezos Expeditions and HSG. The business stated as the financing showed the market’s self-confidence in its vision and innovation.

With area screening set up to start this year, RIVR prepares to demonstrate how its developments can change among one of the most difficult and essential elements of e-commerce logistics. RIVR is presently shutting one more financing round, targeted at speeding up the growth and release of its delivery robotics.

” It was time for an advancement of our brand name,” stated Bjeonic. “We have actually located product-market fit and are proactively collaborating with significant gamers in the logistics field.”

” Swiss-Mile offered us well when we were a little group arising from college, yet our passions expand much past,” he discussed. “We intend to turn into one of the globe’s leading robotics firms, and for that vision, we require a name that will certainly stand the examination of time. RIVR brings a solid and deep definition– one that can develop with us as we relocate from evidence of idea to scaling to thousands of hundreds of robotics.”

The business is concentrated on logistics applications for its rolled quadruped robotic. By furnishing it with wheels, RIVR stated the mobile robot can successfully conform fars away utilizing its wheels, while additionally can going across aesthetics, staircases and various other barriers making use of legged mobility as required. Its an one-of-a-kind kinematic layout that fixes much of the obstacles of last-mile delivery, the business insisted.

” Collaborating with significant logistics service providers to release our robotics for last-mile shipment notes a substantial landmark in our goal to change the area,” specified Bjelonic.

He was lately a visitor on The Robot Report Podcast, where he spoke about the advancement of the robotic.

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