Swiss-Mile, a Zurich, Switzerland-based developer of AI-powered industrial robots, raised $22m in seed funding.
The round was led by Jeff Bezos through Bezos Expeditions and HongShan, with participation from the Amazon Industrial Innovation Fund and Armada Investment, and existing investor Linear Capital.
The company intends to use the funds to expand operations and its development efforts.
Swiss-Mile, a spin-off of the Robotic Systems Lab at ETH Zurich, is advancing autonomous robots with legs and wheels that aim to relieve humanity from tedious tasks by connecting AI with the physical world. In the first year, the company achieved early successes with pilot deployments among key customers, including last-mile delivery in smart cities and security for critical infrastructure.
The founding team includes:
- Dr. Marko Bjelonic, CEO
- Dr. Giorgio Valsecchi, CTO
- Dr. Lorenz Wellhausen, CTO Software
- Alexander Reske, COO
- Prof. Dr. Marco Hutter
FinSMEs
29/08/2024