Wingtra funding news – Zurich-based Wingtra Secures Series B1 Round Funding

A wide range of US, Swiss, and Austrian funds and family offices participated in the round, including, among others, DiamondStream Partners, Brick & Mortar Ventures, Cadence Growth Capital (CGC), EquityPitcher Ventures, Helvetic Trust, RKKVC, Spectrum Moonshot Fund, Spring Mountain Capital, and SymbiaVC.

It claims that this funding round confirms the drone solutions' potential for use in the global market. The business raised $22 million in a Series B fundraising round in March in order to grow its operations internationally.

Read also - Gaussion funding news – London-based Gaussion Raises $12 Million in Series A Round Funding

The productivity of several industries, including forestry, mining, urban planning, agriculture, and construction, is increased by Wingtra's aerial data solutions.
These drones now come with end-to-end, "easy-to-integrate" software that makes better, safer decision-making possible and offers professionals throughout the world more efficient workflows.

WingtraCLOUD, a software recently released, is an attempt to reduce mapping into a single user-friendly digital environment. It facilitates easy access to insights, increases productivity, and improves cooperation. Because of this, Wingtra's solutions are scalable within businesses and provide high-quality, survey-grade insights.

RKKVC says, “Wingtra is the world’s leading provider of VTOL drone solutions for professionals in the fields of construction, infrastructure, mining, urban planning, and land management. As investors, we will try to help the company with the entry on the new markets and new commercial sectors. Happy to join the board with SymbiaVC, EquityPitcher Ventures, DiamondStream Partners, Cadence Growth Capital (CGC), Spring Mountain Capital, Helvetic Trust and others!”

About Wingtra

Wingtra, a company founded in 2016 by Maximilian Boosfeld, Basil Weibel, Elias Kleimann, and Sebastian Verling, develops, manufactures, and markets highly precise drone technology that is used to gather airborne data suitable for surveys. The company states that the purpose of its high-precision vertical take-off and landing drones is to capture crisp photos with dependability and efficiency.