RIVR

Citing PitchBook data, TechCrunch reported that the Amazon Industrial Innovation Fund and Bezos ExpeditionsBezos ExpeditionsBezos Expeditions is Jeff Bezos’s personal investment platform, whose public portfolio spans the internet, enterprise software, life sciences, artificial intelligence, and robotics. Its investment activity is separate from Amazon’s corporate investments, and disclosed holdings include Business Insider, Skild AI, and Generalist.Open the full entry took part in the company’s $22.2 million seed round, which closed in 2024; the company had raised $25 million in total and was last valued at $100 million.⁠[1]

RIVR began a pilot with the parcel delivery company Veho in Austin, Texas, in which its four-wheeled, stair-climbing robot carried packages from Veho vans to customers’ doors; at first, a single robot accompanied by an employee ran daily for about two weeks. The company said at the time that it hoped to scale to 100 robots the following year.⁠[2]

TechCrunch reported on March 19, 2026, that Amazon had acquired RIVR; the terms were not disclosed. The careers link on RIVR’s website now points to Amazon’s jobs site.⁠[1][3]

RIVR was renamed from Swiss-Mile, and its website says it is building “General Physical AI” by deploying autonomous legged robots for doorstep delivery. Co-founder and CEO Marko Bjelonic has described the robot as a “dog on roller skates.”⁠[4][3][1]

RIVR: Official website: https://www.rivr.ai/ (opens in a new window)⁠[3]