“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
(Top image: The strengthened team — credit Wingcopter)
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