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“Wingcopter Secures Further Funding, Strengthens Leadership”

Ger­many-based Wing­copter, a Euro­pean drone com­pa­ny, announced this week it has secured fur­ther fund­ing from a new investor, Copen­hagen-based Nordic Sec­ondary Fund, as well as from exist­ing share­hold­ers and the Euro­pean Invest­ment Bank, reports a press release. 

Two pri­ma­ry fac­tors con­vinced the investors to pro­vide addi­tion­al cap­i­tal:-

: Wingcopter’s progress in achiev­ing Type Cer­ti­fi­ca­tion for com­mer­cial use of its deliv­ery drones in the U.S, Brazil and Japan. 

: Busi­ness expan­sion via drone-based sur­vey­ing of nfras­truc­ture using state-of-the-art laser scan­ners (LiDAR).

Found­ed in 2017 by Tom Plüm­mer, Jonathan Hes­sel­barth and Ans­gar Kadu­ra, the company’s next growth phase has also attract­ed addi­tion­al Exec­u­tives with exten­sive expe­ri­ence. 

This lat­est sup­port will help dri­ve the tran­si­tion to mass pro­duc­tion of the Wing­copter 198 and its glob­al com­mer­cial­i­sa­tion, as well as cap­i­talise on the increas­ing oppor­tu­ni­ties in both logis­tics and new busi­ness areas such as aer­i­al data col­lec­tion.

Dr Bern­hard Klumpp, a high­ly expe­ri­enced auto­mo­tive indus­try man­ag­er, has joined the com­pa­ny as Co-CEO and Chief Prod­uct Offi­cer, bring­ing decades of gen­er­al man­age­ment and pro­duc­tion scal­ing expe­ri­ence in dif­fer­ent roles at Con­ti­nen­tal to the table. He becomes the third MD of Wing­copter along­side Tom Plüm­mer (Co-CEO) and Jonathan Hes­sel­barth (CTO).

Mean­while, Tobias Jor­dan joins as Chief Finan­cial Offi­cer to fur­ther devel­op the company’s finan­cial side. Jor­dan has a 21-year track record in tech­nol­o­gy invest­ment bank­ing at Cred­it Suisse before over­see­ing the growth of elec­tric mobil­i­ty start­up Dance as its CFO.

Tom Plüm­mer com­ment­ed, “Both Bern­hard and Tobias have invalu­able knowl­edge and expe­ri­ence in scal­ing com­pa­nies: Bern­hard in the indus­tri­al envi­ron­ment, Tobias on the finan­cial side.”

Peter Sand­berg, Found­ing Part­ner and MD at Nordic Sec­ondary Fund, added, “By enabling sus­tain­able instant deliv­er­ies and the effi­cient inspec­tion of crit­i­cal infra­struc­ture through aer­i­al laser scan­ning, Wing­copter address­es two rapid­ly grow­ing mar­kets with the same mul­ti-pur­pose plat­form.”

He con­tin­ued, “Devel­op­ing high-tech drone tech­nol­o­gy in Europe to tack­le crit­i­cal chal­lenges for glob­al cus­tomers offers an impor­tant con­tri­bu­tion to a stronger and more sus­tain­able Euro­pean future.”

Wingcopter’s investors include Core­cam Cap­i­tal Part­ners, DRONE FUND, the Euro­pean Invest­ment Bank, Expa, Futu­ry Cap­i­tal, Hes­sen Kap­i­tal III, ITOCHU, Nordic Sec­ondary Fund, REWE Group, Salvia, SYNERJET, XAI tech­nolo­gies as well as Xplor­er Cap­i­tal.

For more infor­ma­tion

https://wingcopter.com/

(Top image: The strength­ened team — cred­it Wing­copter)

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