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Matternet

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Transforming how people receive lightweight goods on demand

Mountain View, United StatesFounded 2011Aviation
Valuation $100–250M Last recorded · 2022
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Matternet and the history behind them.

About Matternet

Matternet, accessible via mttr.net, is a pioneering technology company specializing in drone delivery solutions. The company offers an integrated end-to-end platform that includes the Matternet M2 Drone, the Matternet Station, and the Matternet Cloud Platform. This comprehensive system is designed to streamline and optimize the delivery process, particularly in the healthcare, e-commerce, and logistics sectors.

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Matternet primarily serves clients in the healthcare industry, such as hospitals and medical facilities, by providing efficient and timely delivery of medical supplies, including COVID-19 vaccines and other critical medical samples. The company also caters to e-commerce businesses and logistics providers, enhancing their delivery capabilities with advanced drone technology.

Operating in a rapidly growing market, Matternet has established itself as a leader in drone delivery services. The company has expanded its operations globally, with notable deployments in the United States, Europe, and Asia. For instance, Matternet has launched the world's first city-wide drone network in Abu Dhabi and has partnered with Japan Airlines to extend its services in Asia.

Matternet's business model is based on providing its platform as a service (PaaS). This means that clients subscribe to Matternet's technology and services, allowing them to leverage the company's drone delivery infrastructure without the need to invest in their own. Matternet generates revenue through these subscription fees, as well as through partnerships with major logistics companies like UPS.

In summary, Matternet is revolutionizing the delivery industry with its cutting-edge drone technology, offering efficient and reliable solutions for healthcare, e-commerce, and logistics clients worldwide.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
Mountain View, United States
Employees
58
Open positions
7
Dealroom signal
90.0/100
Sub-industry
Autonomous & Sensor Tech, Logistics & Delivery
Sector
Aviation, Automotive, Supply Chain Management, Autonomous Mobility, Drones, Spinout, Aviation and Aerospace, Space Tech, Space Tech for Aviation, Space Downstream
Technology
Deep Tech, Autonomous & Sensor Tech
Client focus
b2c

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SPAC IPOOther financing May 2026 $0 — Los Altos Ventures Corp ↗
SPAC PRIVATE PLACEMENTOther financing May 2026 $33M $225M Montrose Capital Partners ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Matternet website traffic

Latest recorded traffic for Matternet is 6.4K monthly website visits, up 166.7% over the last three months. Matternet's team grew 18.4% over the past year.

Latest monthly visits6.4K 3-month web change+166.7% 1-year team growth+18.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

Series A6 investors entered at this stage

  • Daimler Technology and Venture
  • Boeing
  • Swiss Post Ventures
  • Sony Innovation Fund
  • AEI Horizon X
  • McKesson Ventures

Series B and later3 investors entered at this stage

  • Wealthing VC Club
  • Los Altos Ventures Corp
  • Montrose Capital Partners

Other known investors1 additional known investor

  • Singularity University
Team profiled 32 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States84.6%
🇸🇦 Saudi Arabia5.1%
🇨🇭 Switzerland5.1%
🇦🇪 United Arab Emirates2.6%
🇬🇧 United Kingdom2.6%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Matternet on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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