ZURICH, SWITZERLAND -- The producer of commercial vertical take-off and landing (VTOL) drones Wingtra is announcing a $22M series B funding round as they accelerate their operations globally.

The funding round included DiamondStream Partners, EquityPitcher Ventures, Verve Ventures, the European Innovation Council Fund (EIC Fund), ACE & Company, John L. Steffens (founder of Spring Mountain Capital) and some of the most successful Swiss Entrepreneurs.

Wingtra manufactures professional mapping drones, develops the software for fully autonomous flights and the WingtraPilot app operates the combined solution for reliable, fast and accurate collection and processing of aerial survey data. The drones are making it easier for surveying professionals in industries like construction and infrastructure, mining, environmental monitoring, agriculture and urban planning and land management to digitize their surrounding world.

Their signature drone, the WingtraOne VTOL commercial drone has emerged as a formidable aerial data solution on the market. The VTOL design means the WingtraOne can take-off and land almost anywhere, even in confined spaces or on rough terrain enabling widespread data collection It is being used by hundreds of businesses and organizations including CEMEX, Rio Tinto, Army Corps of Engineers and Kenya Red Cross spread across 96 countries. The drones conduct over 100,000 flights annually, having mapped 18 million acres of land and sea (the equivalent of 13.6M football fields).

The team successfully released their second generation drone in 2021, the WingtraOne Gen II drone which offers superior survey grade 2D and 3D maps to help users of the data make better decisions. It integrates the highest quality sensors in top-end RGB cameras to create 3D models, helping make digital twins at scale such that a single flight covering over 100 hectares can be digitized at 0.5 in/px. Compared to terrestrial surveying this is up to 30 times faster and 90 percent cheaper. Wingtra is delivering on the promise of the drone industry to offer effective and reliable means to achieve their needs.