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June 26, 2018 11:30 am GMT

Autonomous delivery drone startup Matternet raises $16 million round led by Boeings venture arm

Because autonomous delivery drones are undoubtedly coming, Boeing HorizonX Ventures, the aviation company’s venture arm, led a $16 million round in drone startup Matternet . Other investors include Swiss Post, Sony Innovation Fund and Levitate Capital. With this funding, Matternet’s plan is to further expand throughout the U.S. and internationally in urban environments. “Matternets technology […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NHjKbs4OrAs/

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