RIVR Technologies

Logistics & DistributionSeedZurich, Switzerlandrivr.ai

Latest round

Seed

Last raised

Aug 2024

Total raised

$22M

Investors

5

About RIVR Technologies

Founded in 2023, RIVR Technologies AG focuses on creating advanced delivery robots.RIVR Technologies AG specializes in advanced last-mile delivery solutions, using innovative General Physical AI technology to improve the efficiency and safety of delivering parcels, groceries, and meals directly to consumers. Their main product, the RIVR ONE delivery robot, is designed for seamless navigation in urban environments, particularly excelling in the last 100 yards to customer doorsteps.RIVR Robotics AG generates revenue through partnerships with retailers and grocery providers, establishing agreements to deploy their delivery robots as part of the clients’ logistics systems. This model includes service fees for robot deployment and maintenance, as well as potential subscription contracts for ongoing support and updates. They are focusing on integrating more sophisticated AI features to improve operational efficiency and expand into additional geographic markets beyond their current operations in North America and Europe.

Who invested in RIVR Technologies

5 investors across 1 round

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Funding rounds

  1. Seed

    Aug 19, 2024

    Amount

    $22M

    Investors

    Locked

Questions about RIVR Technologies

Who invested in RIVR Technologies?

RIVR Technologies has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has RIVR Technologies raised?

RIVR Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did RIVR Technologies last raise money?

RIVR Technologies's most recent round on record is a Seed, in Aug 2024.

What does RIVR Technologies do?

Founded in 2023, RIVR Technologies AG focuses on creating advanced delivery robots.

Where is RIVR Technologies headquartered?

RIVR Technologies is headquartered in Zurich, Switzerland.

Which VCs invest in companies like RIVR Technologies?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back logistics & distribution companies at RIVR Technologies's stage. Their profiles are linked below.

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