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Matternet
Mountain View, US · Founded 2025 · Delaware corporation · 61 employees on LinkedIn · 16 known investors
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Matternet develops drone-based logistics systems for autonomous transport and delivery. The company operates in the aerial delivery and drone logistics category.
Also known as Matternet
Founders & leadership
Matternet was founded in 2025 by Andreas Raptopoulos.
Board
Investors · 16
How we know: Boeing HorizonX Ventures's portfolio page · Not right? Tell us
How we know: Comet Labs's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: DRONE FUND's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
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How we know: Hemisphere Ventures LLC's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Lakeside Capital's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: McKesson Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Sony Ventures Corporation's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$83.8M disclosed across 5 of 6 rounds · 2016–2026
- $33MraisedMay 2026 · 5 sourcesSource ↗
▶$29.6MraisedJun 2026 · 165 investors · Other TechnologyRule 506(b)
- 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
▶$135MofferedJun 2026 · 220 investors · Other TechnologyRule 506(b)
- 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
▶$6MraisedMar 2026 · 6 investors · Other TechnologyRule 506(b)
- 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
▶$5.7MraisedJan 2020 · 7 investors · Other TechnologyRule 506(b)
- 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
▶$9.5MraisedAug 2016 · 36 investors · Other TechnologyRule 506(b)
- ANDREAS RAPTOPOULOSExecutive Officer, Director
- Offering amount
- $11.5M
- Amount sold
- $9.5M
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Matternet designs, builds and operates autonomous drone networks intended to enable ultra-fast, low-cost and zero-emission package delivery. The company positions its offering as an end-to-end "autonomous delivery network" rather than a standalone aircraft, covering system design, manufacture and network operation.
The company states that its drone delivery system holds FAA Type Certification, which it describes as the only such certification in the drone delivery industry, and that it has accumulated tens of thousands of flights over cities in the United States and Europe together with operational authorizations it characterizes as among the most advanced in the sector. Applications cited span healthcare and commerce in developed economies, alongside deployments in less-developed markets.
Business model
Matternet builds and operates the drone delivery networks itself, offering customers connection to its network as a delivery service rather than solely selling aircraft.
Traction
Tens of thousands of flights flown over US and European cities, with the company stating it is ready to conduct operations currently.
▸Full profile — market position, technology, go-to-market, geography
Market position
Presents itself as operating one of the most advanced drone delivery systems in the industry and the only one holding FAA Type Certification, with among the most advanced operational authorizations.
FAA Type Certification of its delivery drone system, breadth of operational authorizations, and accumulated flight volume over urban areas in the US and Europe.
Technology
Autonomous drone aircraft and supporting network infrastructure for package transport, operated under FAA Type Certification and other operational authorizations, with electric propulsion described as producing zero emissions in flight.
Go-to-market
Healthcare and commercial logistics customers requiring fast package transport, in both developed economies and emerging markets.
Geography
Operations across cities in the United States and Europe, with activity also described in newer economies.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
3 people who came through Matternet went on to found or lead other companies.
In the news
▸Research sources · 1
primary sources listed
- Matternetmttr.net · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Matternet do?
- Matternet designs, builds and operates autonomous drone delivery networks for low-cost, zero-emission package delivery.
- Who founded Matternet?
- Matternet was founded by Andreas Raptopoulos in 2025.
- Who are Matternet's investors?
- Matternet's investors include Boeing HorizonX Ventures, Comet Labs, DRONE FUND, Flucas Ventures, Gaingels, Hemisphere Ventures LLC, Lakeside Capital, McKesson Ventures and 6 more.
- How much funding has Matternet raised?
- Matternet has disclosed $83.8M raised across 5 of its 6 known rounds.
- Where is Matternet headquartered?
- Matternet is headquartered in Mountain View, US.