Swiss-Mile raised $22M in seed funding led by Jeff Bezos through Bezos Expeditions to expand operations and development efforts.

Aug 29, 2024•over 1 year ago

Amount Raised

$22 Million

Round Type

seed

ZurichRoboticsMachine LearningArtificial Intelligence

Investors

Linear CapitalArmada InvestmentAmazon Industrial Innovation FundHong ShanBezos ExpeditionsJeff Bezos

Description

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 Information

Company

Swiss-Mile

Location

Zurich, Zurich, Switzerland

About

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.

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