![]() ![]() Wingcopter’s production facility in Germany is designed to manufacture thousands of Wingcopter drones per year and will soon start with partly automated production work, significantly speeding up the production process. Wingcopter has been experiencing a continuously growing demand for its new unmanned aircraft system and has already sold most production slots for this and next year. ![]() With the fresh funding, Wingcopter will be able to further expand its drone delivery services globally and ramp up production of the world’s most efficient eVTOL delivery drone, the Wingcopter 198. Listed in the Fortune Global 500 index, ITOCHU is one of Japan’s largest trading companies and will open new doors to the promising Japanese market. XAI technologies, founded by machine vision pioneer Enis Ersü, will add additional value thanks to the team’s deep knowledge and experience in the fields of sensor technology and industrial automation. Salvia, with an investment focus on disruptive technologies, is known for its early investment in German biotech champion BioNTech and will actively support Wingcopter’s growth path with its longstanding company building expertise. REWE Group as one of Germany’s largest grocery retailers with 12,000 stores across Europe is an ideal addition to Wingcopter’s investor base and a clear sign that Wingcopter’s future will expand beyond medical drone delivery services. They were joined by Japanese conglomerate ITOCHU and previous backers Futury Capital from Germany and Silicon Valley-based Xplorer Capital. Leading German retailer REWE Group as well as German investors Salvia and XAI technologies came on board as new shareholders. ![]() The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 million to date. Wingcopter, the German delivery drone manufacturer and service provider, today announced that it has raised $42 million from renowned financial and strategic investors. ![]()
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