Wingcopter announced raising $22 million in Series A funding led by Xplorer Capital and Futury Regio Growth Fund

Wingcopter, a Darmstadt, Germany-based developer of drones, announced that it completed a capital funding round of $22 million, in series A.

The money was raised from the investors led by American VC Xplorer Capital and Futury Regio Growth Fund of Germany, and included contributions from Futury Ventures and Hessen Kapital III.

Wingcopter plans to further grow the team in the fields of flight testing, certification, production (including a new U.S. facility), and software development, specifically focused on ground and flight control software, embedded systems, software architecture, and cloud infrastructure.

Wingcopter, founded in 2017 by CEO Tom Plümmer, Jonathan Hesselbarth and Ansgar Kadura, is a manufacturer of unmanned eVTOL fixed-wing aircraft dedicated to improving the lives of people worldwide through meaningful commercial and humanitarian applications.

The company focuses on the delivery of medical goods as well as parcels and food, and operates the Wingcopter 178 Heavy Lift, which provides both one- and two-way delivery, covering distances of up to 120 kilometers. The drone can accurately lower a package through a winch mechanism, or land at the point of destination and return to its origin with new payload.

In addition to selling drones, Wingcopter is aiming to expand its drone-delivery-as-a-service offerings. These services give customers the opportunity to instantly benefit from Wingcopter’s cutting-edge technology and its BVLOS (beyond visual line of sight) flight operations track record on five continents without having to own and maintain a fleet of drones, hire and train pilots, or run operations themselves.