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📍 San Francisco👥 85
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Post-Funding
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Just raised $40M Series B - high purchase intent window

Mapping Drone Startup Wingtra Is Charting A New Future After Landing $22M

Mar 21, 2023over 2 years ago

Amount Raised

$22 Million

ZurichSoftware

Investors

Spring Mountain Capital Founder John L. SteffensEuropean Innovation CouncilAce & CompanyVerve VenturesEquity Pitcher VenturesDiamond Stream Partners

Description

Wingtra’s drones are used to perform surveying missions by organizations around the world, including NASA and the Army Corps of Engineers. Now the startup is mapping out a new expansion strategy after landing $22 million in Series B funding, which it will use to improve its current tech and add new features. “Our product roadmap is high confidential, but let’s say our high-level vision looking a decade or so forth is to take people out of the loop and have a completely automated data collection, processing and analysis,” co-founder and CEO Maximillion Boosfeld told TechCrunch.

Company Information

Company

Wingtra

Location

Zurich, Zurich, Switzerland

About

Wingtra is the world's leading VTOL drone producer, headquartered in Switzerland. Since its market entry in early 2017, Wingtra has partnered with more than 80 of the biggest surveying equipment dealers across 50+ countries worldwide. Based in the heart of Zurich, Switzerland, Wingtra houses 100+ employees, out of which more than 40 focus on R&D. The majority of Wingtra's engineers are graduates of one of the best science universities in the world, ETH Zurich. The same engineers design and assemble drones in-house and form Wingtra's support team, which is based in Europe and the Americas. Our WingtraOne drone carries best-in-class sensors that collect survey-grade aerial data. This technologically-superior VTOL UAV is used by mapping professionals for applications that range from surveying and mining, to wildlife monitoring. WingtraOne PPK offers an all-in-one solution: broad coverage, brilliant resolution and absolute accuracy down to 1 cm (0.4 in).

FundzWatch™ Score

82
Medium Activity

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