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Amazon acquires autonomous robotics startup Rivr

Amazon acquires autonomous robotics startup Rivr
**Amazon Expands Autonomous Robotics Capabilities with Acquisition of Rivr** Amazon has acquired Rivr, a Zurich-based startup specializing in autonomous robotics. The acquisition comes after Rivr secured $110 million in funding from August 2024, with Amazon and Bezos Expeditions participating in the round. The financial terms of the deal remain undisclosed. Rivr's innovative robots feature four legs and wheels, allowing them to navigate stairs and uneven surfaces with ease. The company recently released its second-generation robot, marking a significant milestone in the development of autonomous delivery solutions. Amazon's acquisition of Rivr is expected to enhance its capabilities for rapid and efficient package delivery, aligning with the company's ongoing efforts to automate its shopping business. According to a statement from Amazon, the acquisition reflects a continued commitment to investing in research and development. "This acquisition reflects our commitment to a continued investment in research, which we believe has the potential to further improve safety outcomes and the overall delivery experience for delivery service partners and their delivery associates," a representative from Amazon told *The Information*. Amazon has been actively working towards integrating automation and robotics into its shopping business. The company has already deployed over 1 million robots, with plans to automate 75 percent of its operations in the future. The acquisition of Rivr is a strategic move that further solidifies Amazon's position in the autonomous robotics space, setting the stage for continued innovation and growth in the delivery sector.
Source: Original Article • AI-enhanced version

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