Wingtra Raises $22M in Funding

Wingtra

Wingtra, a Zurich, Switzerland-based VTOL drone solution provider, raised $22M in funding.

The round included DiamondStream Partners, EquityPitcher Ventures, Verve Ventures, the European Innovation Council Fund (EIC Fund), ACE & Company, and John L. Steffens.

The company intends to use the funds to accelerate growth and expand operations.

Co-founded by Maximilian Boosfeld (CEO), Basil Weibel (VP Growth), Elias Kleimann (CFO) and Sebastian Verling (lead engineer), Wingtra manufactures professional mapping drones, develops the software for fully autonomous flights and the WingtraPilot app operates the combined solution for accurate collection and processing of aerial survey data. The drones make it easier for surveying professionals in industries like construction and infrastructure, mining, environmental monitoring, agriculture and urban planning and land management to digitize their surrounding world.

Since its market entry in early 2017, the company has partnered with dealers on all continents and has been selling mapping drones globally ever since. In the summer of 2021, Wingtra released the second generation of its WingtraOne drone, the WingtraOne GEN II.

The company employs close to 200 people, has offices in Zurich (Headquarters in Switzerland), Fort Lauderdale (US) and Zagreb (Croatia). 

FinSMEs

21/03/2023

All best, Bilal. 

Bilal Mahmood

Stockwood Strategy

Mob: +44 (0) 771 400 7257

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