![]() ![]() The 22 million in funding will allow Wingcopter to do more in the drone-based logistics space, focusing on COVID-19 relief and delivering vaccines to those who need them the most. It's a clever design featuring eight propellers. The company’s latest funding round was led by Xplorer Capital and Futury Regio Growth Fund, with Futury Ventures and Hessen Kapital III participating. The round, tripling the company’s total equity raise to more. The Wingcopter 198 is a handsome machine, with a wingspan of 198 cm (78 inches) and the ability to carry up to 6 kilograms (13.2 lb) of cargo. ![]() Thanks to its patented tilt-rotor mechanism and software algorithms, the Wingcopter 198 can take off and land vertically like a multicopter, while flying long distances as efficiently and quickly as a fixed-wing aircraft, even in heavy rain and wind. Wingcopter, a Weiterstadt, Germany-based delivery drone manufacturer and service provider, raised 42m in Series A extension funding. Led by Tom Plümmer, Co-founder and CEO, Wingcopter is a manufacturer of eVTOL, fixed-wing unmanned aircraft systems (UAS) and provider of drone delivery services, focused on optimizing medical supply chains, as well as last-mile logistics of packages, tools, spare parts, food, and groceries. The company intends to use the funds to expand its drone delivery services globally, ramp up production, accelerate R&D efforts, and hire 80 new employees. Wingcopter will use the funds to strengthen its leadership in drone-based logistics, with a special focus on healthcare-related applications, including the distribution of COVID-19 vaccines. Courtesy of Wingcopter A German drone start-up is flying high this week after winning a multi-million-dollar seed investment from a Singaporean company. The round, tripling the company’s total equity raise to more than $60m to date, was supposed by REWE Group, Salvia and XAI technologies, which were joined by ITOCHU and previous backers Futury Capital and Xplorer Capital. Wingcopter, the German developer, manufacturer and operator of unmanned delivery drones for commercial and humanitarian applications, has secured 22 million in Series A funding. Wingcopter, a Weiterstadt, Germany-based delivery drone manufacturer and service provider, raised $42m in Series A extension funding. ![]()
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