About Swiss Mile
Swiss Mile is a company based in Zurich (Switzerland) founded in 2023 by Alexander Reske, Marco Hutter, Marko Bjelonic, Lorenz Wellhausen, and Giorgio Valsecchi.. Swiss Mile has raised $22 million across 2 funding rounds from investors including Amazon Industrial Innovation Fund, Bezos Expeditions and HongShan. Swiss Mile offers products and services including RIVR ONE and Physical AI Technology. Swiss Mile operates in a competitive market with competitors including Ghost Robotics, DeepRobotics, Aeroarc, Keybotic and Diden Robotics, among others.
- Headquarter Zurich, Switzerland
- Founders Alexander Reske, Marco Hutter, Marko Bjelonic, Lorenz Wellhausen, Giorgio Valsecchi
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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- Legal Name Swiss-Mile Robotics Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22 M (USD)
in 2 rounds
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Latest Funding Round
$22 M (USD), Seed
Aug 29, 2024
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Investors
Amazon Industrial Innovation Fund
& 5 more
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Employee Count
Employee Count
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Products & Services of Swiss Mile
Swiss Mile offers a comprehensive portfolio of products and services, including RIVR ONE and Physical AI Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Autonomous robot designed for secure last-mile parcel and grocery delivery.
AI system enhancing efficiency in last-mile delivery operations.
Funding Insights of Swiss Mile
Swiss Mile has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $22 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $22.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Swiss Mile | Valuation | Bezos Expeditions , HongShan | |
| Jan, 2024 | Amount | Seed - Swiss Mile | Valuation | Linear Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swiss Mile
Swiss Mile has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon Industrial Innovation Fund, Bezos Expeditions and HongShan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture capital fund by Amazon supporting technology innovation.
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Founded Year | Domain | Location | |
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Investment management and philanthropic ventures linked to Bezos Expeditions.
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Founded Year | Domain | Location | |
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Family office of Aegerter family
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swiss Mile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Swiss Mile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swiss Mile Comparisons
Competitors of Swiss Mile
Swiss Mile operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ghost Robotics, DeepRobotics, Aeroarc, Keybotic and Diden Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-legged robot platforms for rough terrain are developed.
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| domain | founded_year | HQ Location |
Quadruped robots for industrial applications are developed with terrain adaptation.
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| domain | founded_year | HQ Location |
Aeroarc is a drone manufacturer offering diverse robotic solutions with cutting edge security solutions
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| domain | founded_year | HQ Location |
Quadrupedal UGVs are supplied for industrial inspections and mapping.
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| domain | founded_year | HQ Location |
Quadruped robots are developed for hazardous industrial environments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swiss Mile
Frequently Asked Questions about Swiss Mile
When was Swiss Mile founded?
Swiss Mile was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Swiss Mile located?
Swiss Mile is headquartered in Zurich, Switzerland.
Who is the current CEO of Swiss Mile?
Marko Bjelonic is the current CEO of Swiss Mile. They have also founded this company.
Is Swiss Mile a funded company?
Swiss Mile is a funded company, having raised a total of $22M across 2 funding rounds to date.
What does Swiss Mile do?
Swiss Mile was founded in 2023 in Zurich, Switzerland, as a robotics engineering company. Focus is placed on wheeled-legged robots integrated with AI for autonomous operations. Efforts are directed toward addressing challenges in robotics through deep technology and machine autonomy. Connections between the physical and digital worlds are facilitated via these systems, with operations centered in the European robotics sector.
Who are the top competitors of Swiss Mile?
Swiss Mile's top competitors include Ghost Robotics, DeepRobotics and Aeroarc.
What products or services does Swiss Mile offer?
Swiss Mile offers RIVR ONE and Physical AI Technology.
Who are Swiss Mile's investors?
Swiss Mile has 6 investors. Key investors include Amazon Industrial Innovation Fund, Bezos Expeditions, HongShan, ARMADA Investment, and Linear Capital.
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