Fundraising Fox

Matternet

Mountain View, US · Founded 2025 · Delaware corporation · 61 employees on LinkedIn · 7 known investors

Matternet develops drone-based logistics systems for autonomous transport and delivery. The company operates in the aerial delivery and drone logistics category.

Founders & leadership

Matternet was founded in 2025 by Andreas Raptopoulos.

AR
Andreas RaptopoulosinFounder & CEO
AN
Alexander Norman-ElvenichExecutive
JS
Jason SecoreinCFO
AN
Alex NormaninCOO

Board

SR
Saurabh RanjanBoard director
CD
Chris DawsoninBoard director
SK
Sanjay KotteinBoard director
LJ
Laurence J. MartonBoard director

Investors · 7

Also in the syndicate · 2

EE HoldingsleadMontrose Capital Partnerslead

Reported raises · per SEC filings

Form D private placements

$50.8M disclosed across 4 of 5 rounds · 2016–2026

$29.6MraisedJun 2026 · 165 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander Norman-ElvenichExecutive Officer
  • Laurence MartonDirector
  • Andreas RaptopoulosExecutive Officer, Director
  • Saurabh RanjanDirector
  • Sanjay KotteDirector
  • Jason SecoreExecutive Officer
  • Christopher DawsonDirector
Offering amount
$36.7M
Amount sold
$29.6M
Sales commissions
$2.1M
Placement agents
Dinosaur Financial Group, LLC, Seaport Global Securities, LLC, Phoenix Financial Services, Network 1 Financial Securities, Inc., The Benchmark Company, LLC
First sale
May 2026
Incorporated
Corporation, Delaware, 2025
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$135MofferedJun 2026 · 220 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Saurabh RanjanDirector
  • Sanjay KotteDirector
  • Andreas RaptopoulosExecutive Officer, Director
  • Laurence MartonDirector
  • Christopher DawsonDirector
  • Jason SecoreExecutive Officer
  • Alexander Norman-ElvenichExecutive Officer
Offering amount
$135M
First sale
May 2026
Incorporated
Corporation, Delaware, 2025
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedMar 2026 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andreas RaptopoulosExecutive Officer, Director
  • Saurabh RanjanDirector
  • Laurence J. MartonDirector
  • Jason SecoreExecutive Officer
  • Alexander Norman-ElvenichExecutive Officer
  • Chris DawsonDirector
Offering amount
$6M
Amount sold
$6M
Minimum investment
$25K
Sales commissions
$240K
Placement agents
Seaport Global Securities LLC, The Benchmark Company, LLC
First sale
Mar 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.7MraisedJan 2020 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andreas RaptopoulosExecutive Officer, Director
  • Mike WhitakerDirector
  • Laurence J. MartonDirector
Offering amount
$8M
Amount sold
$5.7M
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.5MraisedAug 2016 · 36 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • ANDREAS RAPTOPOULOSExecutive Officer, Director
Offering amount
$11.5M
Amount sold
$9.5M
First sale
Jul 2016
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Matternet went on to found or lead other companies.

In the news

Frequently asked questions

What does Matternet do?
Matternet develops drone-based logistics systems for autonomous transport and delivery. The company operates in the aerial delivery and drone logistics category.
Who founded Matternet?
Matternet was founded by Andreas Raptopoulos in 2025.
Who are Matternet's investors?
Matternet's investors include Boeing HorizonX Ventures, Hemisphere Ventures LLC, Lakeside Capital, McKesson Ventures, Winklevoss Capital.
How much funding has Matternet raised?
Matternet has disclosed $50.8M raised across 4 of its 5 known rounds.
Where is Matternet headquartered?
Matternet is headquartered in Mountain View, US.