Matternet raises USD 16M Series A led by Boeing HorizonX

Jun 26, 2018 · Funding · Matternet · Aerial

Matternet raised USD 16 million in Series A funding led by Boeing HorizonX Ventures.

Matternet company media
Company media · Matternet
  • Swiss Post, Sony Innovation Fund and Levitate Capital participated in the round.
  • The funding supported U.S. and global expansion of urban drone delivery operations.
  • The capital supports unmanned aircraft, air mobility or counter-drone operations as Matternet moves toward broader commercial use.

Matternet develops autonomous aerial delivery systems for medical, healthcare, and enterprise logistics applications. Its platform combines certified delivery drones, ground stations, and cloud-based fleet software to run scheduled point-to-point transport workflows in regulated environments.