Amazon acquires Swiss delivery robot start-up Rivr

Amazon has bought the Zurich-based start-up Rivr, which specialises in delivery robots. The spin-off from the Swiss federal technology institute ETH Zurich, formerly known as Swiss-Mile, was valued at around $110 million (CHF86 million) in 2024, according to press reports. +Get the most important news from Switzerland in your inbox Rivr CEO Marko Bjelonic confirmed the acquisition in a post on LinkedIn but did not reveal any financial details. Investors included Amazon as well as Jeff Bezos through his investment company...