
Matternet
Founded Year
2011Stage
Series B | AliveTotal Raised
$34.78MAbout Matternet
Matternet develops commercial drone delivery systems for urban and suburban environments. The company enables organizations to build and operate drone logistics networks for transporting goods on-demand, through the air and it provides the platform as a service to healthcare, e-commerce, and logistics organizations. It was founded in 2011 and is based in Mountain View, California.
ESPs containing Matternet
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The drone delivery market is focused on providing faster and more efficient delivery services, particularly in suburban and rural areas where traditional couriers struggle to make frequent deliveries. Drones offer a more responsible alternative to on-demand retail shipping and food delivery by reducing pollution and congestion on the roads. Some companies in the market specialize in delivering med…
Matternet named as Outperformer among 15 other companies, including Zipline, Wingcopter, and DroneUp.
Research containing Matternet
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Matternet in 2 CB Insights research briefs, most recently on May 23, 2023.
Expert Collections containing Matternet
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Matternet is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,669 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Robotics
1,974 items
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Aerospace & Space Tech
2,588 items
These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between
Matternet Patents
Matternet has filed 9 patents.
The 3 most popular patent topics include:
- Avionics
- Air traffic control
- Amphibious warfare vessel classes

Application Date | Grant Date | Title | Related Topics | Status |
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12/13/2021 | 8/1/2023 | Grant |
Application Date | 12/13/2021 |
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Grant Date | 8/1/2023 |
Title | |
Related Topics | |
Status | Grant |
Latest Matternet News
Sep 28, 2023
Ecommerce Drone Delivery Is Coming The U.S. Federal Aviation Administration recently approved four drone operators to fly deliveries beyond the visual line of sight. Previously human observers were required along a drone’s flight route, within a mile-and-a-half of distribution centers, to ensure no air traffic interference. The new FAA regulations allow commercial drones to fly without observers, enabling broad integration of autonomous aircraft into the U.S. national airspace and making commercial drone delivery scalable and affordable. The decisions also pave the way for drone operators to receive streamlined approval and for retailers to accelerate efforts to deliver products via unmanned aircraft. Here are updates from select drone delivery providers as they work to develop commercial operations. Matternet UPS’s Flight Forward has received approval from the FAA to operate the M2 drone from Matternet, a manufacturer of drones and related software, beyond the visual line of sight for package delivery. Flight Forward can remove human observers by installing a ground-based radar to scan the skies for air traffic conflicts. Flight Forward will use the Matternet mission-control software in its remote operations center to pilot up to three aircraft per operator. This will improve the economics and support the expansion of drone delivery. – Walmart Since 2021, Walmart has operated drone delivery across seven states and 36 stores, completing more than 10,000 deliveries through partnerships with DroneUp, Zipline, and Flytrex. Last month, Walmart announced a partnership with Wing, the on-demand drone delivery provider powered by Alphabet, Google’s parent company. Walmart will soon offer the new service in two metro-Dallas stores, reaching an additional 60,000 homes. – Wing Earlier in the year, Wing unveiled its Delivery Network , a decentralized, automated system supporting high-volume drone delivery across a metro area and sparsely populated regions. The network relies on logistics software with three hardware elements: (i) delivery drones, (ii) “pads,” where drones takeoff, land, and recharge their batteries, and (iii) “autoloaders” that allow partners to preload packages for automatic pickup. Wing has tested its network in Logan, Australia, where it delivers up to 1,000 packages a day. The company has also started trial drone deliveries in the Dublin, Ireland, suburb of Lusk. – Zipline Zipline was among the companies to receive FAA authorization to make commercial deliveries beyond visual line-of-sight. Zipline’s drones, called Zips, have an onboard detect-and-avoid system that enables continuous, real-time airspace monitoring. Zipline says it worked closely with the FAA for rigorous testing of that system. Zipline states it will fly in the U.S. without visual observers before year-end. Earlier in the year, Zipline unveiled Platform 2 to provide fast and quiet autonomous delivery directly to homes. Zipline’s drones fly more than 300 feet above the ground and are nearly inaudible. Zipline has partnered with businesses across the healthcare and restaurant sectors, such as Sweetgreen, to use the new home delivery service. – Flytrex Flytrex , an Israel-based drone delivery provider, has partnered with multiple restaurants — including Unilever’s The Ice Cream Shop, Papa Johns, Freddy’s Frozen Custard and Steakburgers, and Little Caesars — to use its new autonomous delivery process at their sites. Other partner businesses use Flytrex’s manual process, wherein a Flytrex employee picks up the ordered product and sends it from a drone station. Flytrex currently delivers only in Granbury, Texas, (near Ft. Worth) and three cities in North Carolina. – Ameriflight – Matternet Ameriflight received FAA approval in May to operate the Matternet M2 for commercial delivery. Ameriflight is the second operator in the U.S. approved to operate the Matternet M2, designed for large-scale operation with an FAA waiver allowing up to 20 drones by a single pilot at Matternet’s California test facility. Under the terms of the FAA agreement, Ameriflight will operate the Matternet M2 for package delivery to Matternet’s customers located in dense urban and suburban environments across the U.S. Ameriflight will also use Matternet’s software platform to manage a nationwide fleet of M2 drones from a central remote operating center. The partnership will focus on deliveries for healthcare and ecommerce. – SkyDrop In April, SkyDrop (formerly Flirtey) received approval from New Zealand’s Civil Aviation Authority to launch its first drone hub, in Huntly, New Zealand, for store-to-door delivery. According to SkyDrop, this facilitates expansion because the New Zealand risk assessment method is similar to locations in New Zealand and in Australia, Canada, and select E.U. countries. – Wingcopter Wingcopter , based in Germany, manufactures aviation-grade drone technology and is a service provider for commercial and humanitarian drone deployments. In May, Wingcopter received a €40 million ($42 U.S.) investment from the European Investment Bank, backed by the European Commission’s InvestEU program under its sustainable infrastructure window. The investment will help the company ramp up production of its flagship Wingcopter 198 model. Wingcopter is launching a pilot project in the southern German state of Hesse to test on-demand transport of groceries and other consumer goods. The project aims to improve local supply in rural German communities through a sustainable delivery service and will be conducted with the Frankfurt University of Applied Sciences. It is funded by the Germany’s Federal Ministry for Digital and Transport. – Meituan Meituan , the China-based Tencent-backed local shopping and food delivery platform, launched its first drone delivery route in the city of Shenzhen nearly two years ago. Since then, Meiturn has delivered more than 184,000 orders and established 17 delivery routes nationwide. This year, the Shenzhen government included the development of the low-altitude economy in its government work report for the first time. Share this article:
Matternet Frequently Asked Questions (FAQ)
When was Matternet founded?
Matternet was founded in 2011.
Where is Matternet's headquarters?
Matternet's headquarters is located at 185 East Dana Street, Mountain View.
What is Matternet's latest funding round?
Matternet's latest funding round is Series B.
How much did Matternet raise?
Matternet raised a total of $34.78M.
Who are the investors of Matternet?
Investors of Matternet include 5G Ventures, Gaingels, Drone Fund, Paycheck Protection Program, McKesson Ventures and 25 more.
Who are Matternet's competitors?
Competitors of Matternet include Zipline, Manna, Aerialoop, Neolix, Elroy Air and 15 more.
Compare Matternet to Competitors

SkyDrop operates in the commercial drone delivery industry. It provides drone delivery services. It provides hardware, software, and patents for autonomous last-mile drone delivery. It was formerly known as Flirtey. It was founded in 2013 and is based in Reno, Nevada.

Starship builds a fleet of self-driving robots designed to deliver goods locally within 30 minutes. It is designed using off-the-shelf components, the robots are lightweight and low-cost, enabling the company to bring the current cost of delivery down by 10-15 times per shipment. The company was founded in 2014 and is based in San Francisco, California.

Flytrex is a provider of a platform that provides a cloud solution for the tracking and management of delivery drones, and also develops drone hardware tailored for point-to-point or point-to-area delivery. The company was founded in 2012 and is based in Tel Aviv, Israel.
Manna designs and operates unmanned aerial vehicles (UAVs). It offers unmanned aerial vehicles (UAVs) to perform high-speed deliveries of takeaway food, groceries, and pharmacy goods/supplies in suburban last-mile settings. The company was founded in 2019 and is based in Dublin, Ireland.

Zipline designs, manufactures and operates drones to deliver vital medical products. It delivers vaccines and medicines to hospitals and health centers. It was formerly known as Romotive. The company was founded in 2014 and is based in South San Francisco, California.
Udelv is a custom-made, public-road autonomous and electric delivery vehicle. udelv's vehicle will decrease the cost of local deliveries, add delivery window flexibility, and reduce a city's carbon footprint.