Tech Company Financing Transactions
Matternet Funding Round
On 6/27/2018, Matternet secured $16 million in Series A funding from Boeing HorizonX, Levitate Capital and Sony Innovation Fund.
Transaction Overview
Company Name
Announced On
6/27/2018
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Boeing HorizonX (Lead Investor) (Brian Schettler)
Sony Innovation Fund (Toshimoto Mitomo)
Proceeds Purpose
Matternet will utilize the funds to expand U.S. and global operations in urban environments.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
161 E Evelyn Ave.
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Website
Email Address
Overview
Make access to goods as frictionless and universal as access to information. Our products enable organizations around the world to build and operate drone logistics networks for transporting goods on demand, through the air, at a fraction of the time, cost and energy of any other transportation method used today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andreas Raptopoulos
Chief Financial Officer
Andrew Schultz
VP - Engineering
Paolo Resmini
Browse more venture capital transactions:
Prev: 6/26/2018: Akero Therapeutics venture capital transaction
Next: 6/27/2018: Flowspace venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs