Amazon acquires autonomous robotics startup Rivr

Amazon has acquired Rivr, a startup targeted on autonomous robotics. Rivr relies in Zurich and was valued at $110 million in a funding spherical from August 2024, which each Amazon and its CEO’s Bezos Expeditions participated in. Monetary particulars of the acquisition weren’t disclosed.

Rivr’s robots have 4 legs and wheels that permit it to maneuver on stairs and different doubtlessly uneven surfaces. The corporate simply launched its second technology of the robotic. The acquisition will seemingly additional Amazon’s capabilities for ever-faster and extra environment friendly bundle deliveries.

“This acquisition displays our dedication to a continued funding in analysis, which we consider has the potential to additional enhance security outcomes and the general supply expertise for supply service companions and their supply associates,” a consultant from Amazon instructed The Information.

Amazon has been working towards introducing automations and robotics at varied phases of its purchasing enterprise. It deployed its 1 millionth robot final summer season and has future objectives for automating 75 percent of all its operations.