Matternet

Private

Matternet develops autonomous drone networks for the delivery of medical and commercial goods in urban environments. The company's M2 drone delivery system was the first to achieve FAA Type Certification and Production Certification, and is operated by partners including UPS and Ameriflight across the US, Europe, and the Middle East.

Founders Andreas Raptopoulos, Paola Santana, Dimitar Pachov

CEO Andreas Raptopoulos

Company

Founded

2011

Headquarters

Mountain View, United States

Employees

51-200

Financials

Total Funding

$71M

Last Valuation

$220M

Sectors

Transportation Hardware

mttr.net Twitter Blog

Funding History

4 rounds

Series B Jun 1, 2022

$40M

Valuation: $220M

5G Ventures (Phaistos Investment Fund) (Lead) Andreessen Horowitz Boeing HorizonX Ventures Brightway Future Capital Drone Fund Gaingels Hemisphere Ventures

Series B Jan 14, 2020

$6M

McKesson Ventures (Lead)

Series A Jun 26, 2018

$16M

Boeing HorizonX Ventures (Lead) Swiss Post Sony Innovation Fund Levitate Capital

Seed Jul 15, 2016

$10M

QueensBridge Venture Partners Andreessen Horowitz MicroVentures

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.