Financing Round: Wingtra
We are pleased to announce that our portfolio company Wingtra has successfully closed its Series B1 funding round! In addition to us, leading US, Swiss and Austrian VCs and family offices participated in this round, including SymbiaVC, Spectrum Moonshot Fund, RKKVC, Cadence Growth Capital and others.
Wingtra will use the new capital to expand its global presence, strengthen product development and production capacities, further develop the WingtraCloud platform and consolidate its market position in key industries.
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Who is Wingtra?
Wingtra is revolutionizing industries such as construction, mining, urban planning, agriculture and forestry with its advanced VTOL drones. Its flagship product, the WingtraOne, is characterized by outstanding reliability, precision and ease of use, making it the preferred choice for professionals worldwide. Even in challenging weather conditions, WingtraOne enables the efficient collection of high-quality aerial data, supporting informed and confident decisions. A key benefit of Wingtra technology is its full-stack solution, which integrates autonomous drone operations, advanced data collection and intelligent processing software, significantly reducing the cost of creating accurate 2D and 3D models and allowing professionals to focus on more valuable tasks.
What makes Wingtra interesting?
The WingtraOne VTOL drone, the company's flagship product, has become an impressive solution for aerial data collection in the market. The VTOL design means that the WingtraOne can take off and land almost anywhere, even in tight spaces or rough terrain, enabling extensive data collection. It is used by hundreds of companies and organizations such as CEMEX, Rio Tinto, Army Corps of Engineers, and the Kenya Red Cross in 96 countries. The drones conduct over 100,000 flights annually, mapping 18 million hectares of land and sea (equivalent to 13.6 million soccer fields).
In 2021, the team successfully launched its second generation of drones, the WingtraOne Gen II drone, which delivers superior 2D and 3D maps in survey-grade quality, enabling users of the data to make better decisions. It integrates the highest quality sensors into cutting-edge RGB cameras to create 3D models and assists in creating digital twins on a scale such that a single flight can digitize over 100 hectares at 0.5 in/px.
Where is the journey heading?
Our vision at Wingtra is to create a world where drones help people manage large parts of our planet in a more sustainable and efficient way. We have lowered the cost of using drones and increased data quality. This will help the industry plan better and fundamentally improve safety for people and the environment."
Wingtra is working to revolutionize the mapping workflow for surveying and mapping professionals, so they can do their work better and faster. Significant new features, camera integrations, and product launches are expected in the coming years.
We look forward to support the strong team in their further growth.
