Tech Company Financing Transactions
Swiss-Mile Funding Round
Swiss-Mile, based in Zürich, secured $22 million from Bezos Expeditions, HongShan and Amazon Industrial Innovation Fund.
Transaction Overview
Company Name
Announced On
8/29/2024
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Seed
Investors
Bezos Expeditions (Lead Investor) (Jeff Bezos)
HongShan (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
ETH LEE H 304, Leonhardstrasse 21
Zürich, 8092
Switzerland
Zürich, 8092
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
Incorporated in April 2023 as a spin-off from ETH Zurich, Swiss-Mile aims to relieve humanity from strenuous and tedious tasks by connecting AI with the physical world, creating truly autonomous robots. We join forces with world-class talent in embodied AI and robotics, tackling the most challenging aspects of mobility, autonomy, and manipulation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marko Bjelonic
Chief Operating Officer
Alexander Reske
Chief Technical Officer
Giorgio Valsecchi
Chief Technical Officer
Lorenz Wellhausen
Co-Founder
Marco Hutter
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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