HongShan

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Swiss-Mile secures over €19.8 million in seed funding, co-led by Jeff Bezos and HongShan

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Swiss-Mile, Bezos Expeditions, HongShan, Amazon, ETH Zurich


Swiss-Mile, a pioneering company connecting AI with the physical world using autonomous machines, announced the successful closure of over €19.8 million seed funding round. This round was notably co-led by Jeff Bezos, through Bezos Expeditions, and HongShan, with additional participation from the Amazon Industrial Innovation Fund and Armada Investment. The round also saw continued support from existing investor Linear Capital, underscoring the strong belief in Swiss-Mile’s vision and potential.

Swiss-Mile is a spin-off from the renowned Robotic Systems Lab at ETH Zurich and has been at the forefront of integrating artificial neural networks into robots with both legs and wheels. The company’s technology allows robots to walk, drive, stand upright on two legs, and manipulate objects with wheeled end effectors. This versatility is key to addressing real-world challenges in both mobility and manipulation, positioning Swiss-Mile as a leader in the next wave of robotic automation.

Read more at TFN