Wingtra’s $22 million Series B funding earmarked for scaling plans
Swiss vertical takeoff and landing (VTOL) drone manufacturer Wingtra has raised $22 million in a Series B funding round in an effort to scale what has thus far been successful activities with mapping and surveying customers.
Launched in 2017 and later raising $10 million in a Series A round, Zurich-based Wingtra is looking to expand its business by enhancing what it says is already industry-leading drone mapping and surveying tech. The company says it’s now the biggest producer of autonomous commercial VTOL craft, which rapidly collect data that associated software uses to create precise 2D and 3D models for customers in agriculture, mining, land management, environmental protection, and urban planning activities.
According to interviews Wingtra CEO Maximillion Boosfeld has given in announcing the $22 million in new financing, the company wants to develop its surveying drones and modeling applications to such a degree of automation that – once…