Matternet has developed groundbreaking technology for on-demand, aerial delivery in urban environments. The company provides its technology platform-as-a-service to healthcare, e-commerce and logistics organizations. In March 2017, Matternet became the first company in the world to be authorized for full operations of drone logistics networks over cities in Switzerland. In March 2019, Matternet and UPS announced a partnership to provide drone delivery services to US healthcare systems, starting with WakeMed Health in NC. In October 2019, Matternet\'s technology enabled the first FAA-Approved Drone Airline, UPS Flight Forward, providing fast expansion to healthcare facilities across the US.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/15/20 | undisclosed | Strategic |
McKesson Ventures | undisclosed |
