Fundz

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

PRIVATEAug 29, 2024

Amount Raised

$22 Million

Round Type

Seed

ZurichArtificial IntelligenceMachine LearningRobotics

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.

Quick answer

Swiss-Mile raised $22 Million in a Seed round, dated August 29, 2024. Investors: Linear Capital, Armada Investment, Amazon Industrial Innovation Fund, Hong Shan, Bezos Expeditions and Jeff Bezos. Swiss-Mile is based in Zurich, Zurich, Switzerland.

How much did Swiss-Mile raise?
Swiss-Mile raised $22 Million in a Seed round on August 29, 2024.
Who invested in Swiss-Mile?
Linear Capital, Armada Investment, Amazon Industrial Innovation Fund, Hong Shan, Bezos Expeditions and Jeff Bezos are named as investors in this round.
What does Swiss-Mile do?
Swiss-Mile is a Zurich-based developer of AI-powered industrial robots, focused on advancing autonomous robots that combine legs and wheels.
Where is Swiss-Mile based and how big is it?
Swiss-Mile is based in Zurich, Zurich, Switzerland. Fundz records about 13 employees.
Who are the decision-makers at Swiss-Mile?
Fundz holds 2 contacts at Swiss-Mile. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Robotics and Artificial Intelligence around the same time

Companies in the same sectors as Swiss-Mile that raised within 45 days of this round, from Fundz verified event records.

  • Social Hardware raised $381K (Seed) on October 10, 2024.
  • DELIVERS.AI raised an undisclosed amount (Funding Round) on August 2, 2024.
  • Jacobi Robotics raised $5M (Seed) on July 15, 2024.
  • Aira Technologies raised $11M on October 11, 2024.
  • Liner raised $200M (Series B) on October 11, 2024.
  • KoBold Metals raised $491M (Funding Round) on October 10, 2024.

Who to call at Swiss-Mile, and when

A new round usually means Swiss-Mile is about to hire and buy. The teams that reach out first get the meeting.

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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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Swiss-Mile raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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