Swiss Post joins in funding round for drone delivery startup Matternet

Swiss Post joins in funding round for drone delivery startup Matternet

Swiss Post is among the investors who took part in a $16m Series A funding round for the drone delivery specialist company Matternet.

The funding round was led by Boeing HorizonX Ventures, with additional participation from Sony Innovation Fund and Levitate Capital.

As previously reported by Post&Parcel, Swiss Post and Matternet have worked together on drone pilot programmes, delivering medical samples to hospitals in Switzerland.

In a statement issued today (26 June), Brian Schettler, managing director of Boeing HorizonX Ventures, commented: “Matternet’s technology and proven track record make the development of a safe, global autonomous air mobility system a near-term reality.

“Our investment will allow Matternet to scale its operations while strengthening Boeing’s position as a leader in next-generation transportation solutions.”

Relevant Directory Listings

Listing image

Escher

Around the globe, the rise of digital and mobile is disrupting the very nature of the postal industry. Today’s postal challenges – dramatic decline of letter mail, remarkable growth in parcel volume and competition, skyrocketing expectations around speed and customer experience – are intensified by […]

Find out more

Other Directory Listings

News Archive

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

Which stories do you most like reading about on Post & Parcel?

Thank you for voting
You have already voted on this poll!
Please select an option!






Pin It on Pinterest

Share This