
"The acquisition will "accelerate our vision of building General Physical AI through doorstep delivery, bringing robotics and AI closer to real-world deployment at scale," meaning Amazon's resources should help Rivr get its robots onto more doorsteps, faster."
"Rivr got the attention of Amazon long before its pilot program. The Amazon Industrial Innovation Fund and Bezos Expeditions invested in Rivr as part of a $22.2 million seed round that closed in 2024, according to Pitchbook. The startup, which had raised a total of $25 million, was last valued at $100 million."
"Last year, Rivr launched a pilot program in Austin with Veho, package delivery company. Bjelonic said, at the time, he hoped to learn from the partnership with Veho and eventually scale to 100 bots by 2026."
Amazon has acquired Rivr, a Zurich-based autonomous robotics company specializing in stair-climbing delivery robots. The four-legged wheeled robot, described as a "dog on roller skates," represents Amazon's strategic push into autonomous doorstep delivery. Rivr's CEO Marko Bjelonic stated the acquisition will accelerate development of General Physical AI and enable real-world deployment at scale. Previously, Rivr conducted a pilot program in Austin with delivery company Veho, with plans to scale to 100 robots by 2026. Amazon's Industrial Innovation Fund and Bezos Expeditions had already invested in Rivr's $22.2 million seed round in 2024. The startup had raised $25 million total and was valued at $100 million.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]