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RIVR specializes in building Physical AI for last-mile delivery, leveraging wheeled-legged robots and AI to enhance delivery efficiency and sustainability. Known for their expertise in integrating artificial neural networks into versatile robots equipped with both legs and wheels, RIVR’s technology addresses the growing demand for smarter and greener logistics solutions in urban environments.
"We believe our Physical AI technology integrated into our full solution has the potential to set new standards for efficiency and sustainability in the logistics sector." said Marko Bjelonic, CEO of RIVR. "Working with major logistics carriers to deploy our robots for last-mile delivery marks a significant milestone in our mission to transform the space,"
The announcement follows RIVR’s successful $22 million Seed Funding round in August 2024, co-led by Jeff Bezos through Bezos Expeditions and HSG, highlighting the industry’s confidence in the company’s vision and technology. With field testing scheduled to begin this year, RIVR is poised to showcase how its innovations can transform one of the most challenging and critical aspects of e-commerce logistics. RIVR is currently closing another funding round, aimed at accelerating the development and deployment of its delivery robots.
Why Swiss-Mile rebrands to RIVR
The rebrand to RIVR reflects the company’s transformation from a university high-tech spin-off to a customer-centric technology leader with global ambitions. The brand name RIVR evokes associations of connectivity, flow, adaptability, and being a positive contribution to human life. The name can also be read as a shorthand for Reinventing Robotics, aligning with RIVR being a global innovation leader.
