Matternet logo — Making access to goods as frictionless and universal as acce...

Matternet

Making access to goods as frictionless and universal as access to information.

Founded 2011 United States Mountain View, United States 42 employees Series B Total: $74.00M Drones, Logistics +1

General Information

Company Name Matternet
Founded Year 2011
Location United States Mountain View, United States +1
Employees 42
Industries Drones, Logistics, Transportation
Funding Stage Series B
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About Matternet

Matternet, founded in 2011, is a leader in commercial drone delivery systems, aiming to make access to goods as seamless as access to information. Headquartered in the United States, the company operates in the Drones, Logistics, and Transportation industries.

The company is distinguished by its pioneering efforts and partnerships, notably becoming the first to receive authorization for BVLOS operations in Switzerland in 2017 and partnering with UPS in 2019 to launch the first revenue-generating drone delivery services in the U.S. Furthermore, in 2022, its Matternet M2 drone achieved FAA Type and Production Certification, a significant milestone in drone delivery certification.

Supported by a $40.00M Series B investment from 5G Ventures S.A and Phaistos Investment Fund as of May 2022, Matternet has facilitated over 20,000 commercial flights, demonstrating robust growth and technological leadership in the sector.

Taxonomy: Drone Delivery Systems, Urban Logistics, Suburban Logistics, Commercial Drone Operations, UPS Partnership, Beyond Visual Line of Sight (BVLOS), FAA Type Certification, Drone Software Platform, Drone Technology, Aerial Transportation, Revenue Drone Operations, Standard Type Certification, Production Certification, Commercial Flights, Logistics Networks

Services & Products

Autonomous Drone Operations
Ultra-Fast Delivery
Low-Cost Delivery
Safe and Precise Deliveries

Target Customers

Healthcare Providers E-Commerce Companies Emerging Markets

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1
Investor
08 May 2022
Corporate Round •••••• 3
Investor Investor Investor
30 Dec 2019
Series A •••••• 4
Investor Investor Investor
•••• ••••
01 Jun 2018
Seed Round •••••• 2
Investor Investor
15 Jul 2016

Matternet Alternatives & Competitors

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FAQ About Matternet

Making access to goods as frictionless and universal as access to information.
Matternet was founded in 2011.
Matternet is headquartered in Mountain View, United States.
Matternet operates in the following industries: Drones, Logistics, Transportation.
Matternet has approximately 42 employees.
Matternet has completed 4 funding rounds, raising a total of $74.00M. The latest funding stage is Series B.
Matternet offers: Autonomous Drone Operations, Ultra-Fast Delivery, Low-Cost Delivery, Safe and Precise Deliveries.
Top alternatives and competitors to Matternet include Wonder Robotics, Ace Aviation Aerospace Academy, AVSS | Drone Parachute Recovery Systems & Guided Delivery Systems, Clevon, Vantage Robotics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Matternet and Wonder Robotics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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