Matternet
Making access to goods as frictionless and universal as access to information.
Making access to goods as frictionless and universal as access to information.
Matternet is a leading developer of commercial drone delivery systems for urban and suburban environments. The company's Matternet M2 drone and Matternet Software Platform are used in collaboration with logistics organizations, such as UPS, for direct customer operations. In 2017, it became the first company in the world to receive authorization for commercial Beyond Visual Line of Sight (BVLOS) operations of drone logistics networks over cities in Switzerland. In 2019, Matternet and UPS partnered to launch drone delivery services in the U.S., marking the first revenue drone delivery operations in the country. In 2022, the Matternet M2 achieved standard Type Certification and Production Certification by the Federal Aviation Administration (FAA) in the U.S., becoming the first drone delivery system to do so. The company's technology has enabled over 20,000 commercial flights to date.
Matternet was founded in 2011 and operates in the Drones, Logistics, and Transportation industries, with headquarters in the United States.
The company's latest investment was a $40.00M Series B investment on 08 May 2022, led by 5G Ventures.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $40.00M | 1 |
|
08 May 2022 |
| Corporate Round | $8.00M | 3 |
|
30 Dec 2019 |
| Series A | $16.50M | 4 |
|
01 Jun 2018 |
| Seed Round | $9.50M | 2 |
|
15 Jul 2016 |
We care about your data, and we'd love to use cookies make your experience better.
