# RIVR Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rivr-technologies

- Industry: Logistics & Distribution
- Headquarters: Zurich, Switzerland
- Website: www.rivr.ai/
- Total disclosed funding: $22M
- Latest round: Seed (Aug 19, 2024)
- Investors on record: 5

## About

RIVR Technologies AG founded as Swiss-Mile and renamed in 2025, based in Zurich, Switzerland, specializes in developing autonomous delivery solutions that leverage General Physical AI technology for efficient last-mile logistics.Founded in 2023, RIVR Technologies AG focuses on creating advanced delivery robots. The company recently raised USD 22.00 mn in a Seed funding round on August 19, 2024, led by Bezos Expeditions and supported by investors including Amazon, Armada Investment Group, and HongShan. The company's founders are Alexander Reske, Giorgio Valsecchi, Lorenz Wellhausen, and Marko Bjelonic, who is also the CEO.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. By integrating with existing infrastructures, RIVR 's robots meet the rising demand for quicker and more sustainable delivery methods, catering to a diverse clientele that includes retail and grocery chains.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. The RIVR ONE robot is positioned as a transformative solution in the delivery sector, underscoring the company's commitment to advancing last-mile logistics.Following the recent Seed funding round, RIVR Technologies AG plans to further enhance their artificial intelligence capabilities within their autonomous robots. 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.

## Funding rounds

- Seed, Aug 19, 2024, $22M — Armada Investment Group, Bezos Expeditions, Linear Capital, HSG, Amazon

## Investors

- Armada Investment Group — Seed
- Bezos Expeditions — Seed
- Linear Capital (https://capitalatlas.ai/funds/linear-capital) — Seed
- HSG (https://capitalatlas.ai/funds/hsg) — Seed
- Amazon (https://capitalatlas.ai/funds/amazon) — Seed