Swiss-Mile raised $22M in seed funding led by Jeff Bezos through Bezos Expeditions to expand operations and development efforts.
Swiss-Mile raised $22M in seed funding led by Jeff Bezos through Bezos Expeditions to expand operations and development efforts.
08/29/24, 7:09 AM
Location
zurichMoney raised
$22 million
Industry
robotics
machine learning
artificial intelligence
Round Type
seed
Investors
Linear Capital, Armada Investment, Amazon Industrial Innovation Fund, Hong Shan, Bezos Expeditions, Jeff Bezos
Swiss-Mile, a Zurich-based developer of AI-powered industrial robots, raised $22M in seed funding. The round was led by Jeff Bezos with participation from additional investors to support the company's operational growth.
Company Info
Location
zurich, zurich, switzerland
Additional Info
Swiss-Mile is a Zurich-based developer of AI-powered industrial robots, focused on advancing autonomous robots that combine legs and wheels. The company aims to alleviate tedious tasks by integrating AI with the physical world. It originated as a spin-off of the Robotic Systems Lab at ETH Zurich and has already seen early successes with pilot deployments in last-mile delivery and security applications. Swiss-Mile is committed to expanding its operations and continuing its development efforts.