42 Technologies Raises $13.7M to Power RIVR's Revolutionary Physical AI in Last-Mile Delivery

RIVR, the Swiss robotics pioneer formerly known as Swiss-Mile, is thrilled to announce a successful funding round with an impressive raise of $13,700,000. This significant investment underlines the growing confidence in RIVR’s revolutionary approach to Physical AI and its potential to reshape last-mile delivery. By merging cutting-edge artificial neural networks with innovative robot designs that combine the agility of wheels and the versatility of legs, RIVR is on a mission to empower a single human operator with the efficiency of a thousand, driving a future of intelligent, streamlined logistics. The fresh capital will accelerate ongoing research and development initiatives, further refine robotic capabilities, and enhance scalability to meet the increasing demands of sustainable urban delivery. At its core, RIVR is dedicated to creating solutions that not only optimize operational efficiency but also reduce environmental impact. In today’s fast-paced world, last-mile delivery continues to present challenges such as congestion, reduced labor availability, and rising customer expectations. With this funding, RIVR is strategically positioned to address these challenges head-on by expanding its Physical AI work and deploying adaptable, resilient robotic systems. As RIVR sets its sights firmly on transforming the delivery landscape, the company will also invest in strengthening partnerships with industry leaders, developing advanced software integrations, and scaling up its testing programs in real-world scenarios. This funding milestone marks a significant step forward in enhancing overall urban mobility and sustainability, paving the way for a future where technology, efficiency, and intelligent design converge to set new standards in last-mile delivery.