wingcopter series xplorer capitaletheringtontechcrunch

Industries,” Tom Plümmer, CEO & Co-Founder, Wingcopter, exclaimed. “ We couldn’t be more excited to partner with Expa and Garrett which bring a brilliant network and years of experience building and globally scaling companies that disrupt entire Supply chain and logistics industries across the globe.” With Wingcopter, it sees “ cutting-edge drone technology and platform set to disrupt Number of industry-shaping companies across transportation and logistics, such as Beacon, Aero, and Convoy. “ Given the team’s track record and impressive technology stack, Wingcopter will have a deep impact on supply chain transformation,Įxpa’s mission is focused on backing tech-enabled companies that are producing the next generation of category champions and solving global challenges through innovation, and it has aided a

Wingcopter is ideally positioned to capitalize on this momentum thanks to its cutting-edge delivery drone, softwareĪnd services,” Garrett Camp, Founder, Expa, stated. We approach an inflection point in consumer adoption and industry regulation. Accelerated by the tailwinds of the global pandemic, Including urgently needed medicine and medical supplies, groceries, or freshly prepared food, and even has the power to automate e-commerce. “ Just how Uber revolutionized the way people get from point A to point B, Wingcopter is providing that same level of innovation to the transport of goods Learn how your comment data is processed.Expa announced on 23SEP21 that it plans a strategic investment in the leading German autonomous delivery drone company, supporting it in much the same way as Wingcopter operates: getting things The two companies plan to deploy 12,000 Wingcopter drones over the next years. Last month, Wingcopter signed a partnership with Continental Drones, a subsidiary of Atlantic Trust Holding, to help establish drone-based delivery networks across the African continent. The round also included previous investors Futury Capital and Xplorer Capital. The funding round included new investors REWE Group, one of Germany’s largest grocery retailers with 12,000 stores across Europe, Salvia, XAI technologies and ITOCHU, a Japanese conglomerate. “The new funding, combined with growing revenues, puts us in an excellent position to establish our industry-leading drone delivery solution with our customers around the globe to optimize supply chains.” For this, we are hiring passionate pioneers with whom we build what has not existed before,” Plümmer, now the CEO of Wingcopter, said. “At Wingcopter, we create efficient and sustainable drone solutions to save and improve lives. It operates at Level 4 autonomy while flying and during delivery, which makes setup and training quick and ensures stable operations.Īlong with ramping up production of the Wingcopter 198, the company plans to use its funding to accelerate R&D efforts with regards to new product features, and to hire on 80 new employees. The drone is designed to withstand strong winds and rain. At each delivery, the drone shifts from forward flight mode to hover mode, and then lowers the package. The drone has a triple drop mode that allows it to deliver up to three separate packages during one flight as long as the total payload is less than 5 kg.

The Wingcopter 198 is a delivery drone that has a payload capacity of up to 6 kg and a range of 110 km. With the latest round of funding, Wingcopter plans to further expand its delivery services globally and ramp up production of the company’s eVTOL delivery drone, the Wingcopter 198. Wingcopter now offers its drone delivery service for humanitarian and commercial applications. Tom Plümmer, Jonathan Hesselbarth and Ansgar Kadura founded the company to help give people access to vital supplies in a matter of hours or minutes instead of the days it usually takes with typical transportation methods. The company originally closed its Series A round with $22 million. Wingcopter, a German delivery drone manufacturer and service provider, announced that it raised $42 million from a Series A extension round. Wingcopter’s delivery drone is designed to withstand strong winds and rain, and can delivery up to three packages at once.

Wingcopter series xplorer capitaletheringtontechcrunch