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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
Employees 42
Industries Drones, Logistics, Transportation
Funding Stage Series B
Business Model B2B, D2C, Platform
Revenue Model Service Fee, Usage Based, Product Sales
Social

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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.

Business keywords: 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 $40.00M 1
5G Ventures S.A | Phaistos Investment Fund
5G Ventures S.A | Phaistos Investment Fund
08 May 2022
Corporate Round $8.00M 3
McKesson Ventures Sony Innovation Fund Swiss Post Ventures
McKesson Ventures, Sony Innovation Fund +1
30 Dec 2019
Series A $16.50M 4
Levitate Capital Sony Innovation Fund Swiss Post Ventures
Levitate Capital, Sony Innovation Fund +2
01 Jun 2018
Seed Round $9.50M 2
Andreessen Horowitz/ a16z Legend Star
Andreessen Horowitz/ a16z, Legend Star
15 Jul 2016

Latest News

View All
Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S. — Cnbc
Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
Cnbc Jul 14, 2026
Amprius and Matternet partner to bring silicon anode batteries to drone delivery — Thenextweb
Amprius and Matternet partner to bring silicon anode batteries to drone delivery
Thenextweb May 19, 2026
Amazon gets FAA approval for new delivery drone as it begins tests in Arizona — Cnbc
Amazon gets FAA approval for new delivery drone as it begins tests in Arizona
Cnbc Nov 05, 2024

Matternet Alternatives & Competitors

View All Alternatives
Matternet vs
Skye Air Mobility
Skye Air Mobility India

Elevating Delivery

Series A
94 employees
Drones, Logistics
Compare Matternet vs Skye Air Mobility
Matternet vs
Kyte Dynamics | Aerial Robotics Co.
Kyte Dynamics | Aerial Robotics Co. United States

We design and build next-gen aerial robotics for logistics and industrial use. Welcome to Drone 2.0

6 employees
Logistics, Transportation
Matternet vs
Aerialoop
Aerialoop United States

Drone delivery Networks

Grant
33 employees
Drones, Logistics
Compare Matternet vs Aerialoop
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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 Drones, Logistics and Transportation. Its work centres on Drone Delivery Systems, Urban Logistics, Suburban Logistics and Commercial Drone Operations. Its customers include Healthcare Providers, E-Commerce Companies and Emerging Markets.
Matternet has a B2B, D2C and Platform business model. Its revenue comes from Service Fee, Usage Based and Product Sales.
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 Skye Air Mobility, Kyte Dynamics | Aerial Robotics Co., Aerialoop, Skyfarer® LTD, Fortem Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Matternet and Skye Air Mobility 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.

Source: BounceWatch company record for Matternet, https://bouncewatch.com/company/matternet, updated 8 March 2026. When citing, please name BounceWatch and link this page.

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