Frankfurt-based Wingcopter, a startup that develops and sells transport drones for humanitarian and civil applications, announced on Thursday that it has secured €40M quasi-equity investment from The European Investment Bank (EIB). 

This strategic investment aims to propel the production of Wingcopter’s flagship model — the Wingcopter 198. It also facilitates the expansion of delivery operations within Europe and internationally. 

Additionally, the funding will accelerate company innovation efforts. The agreement is part of the InvestEU program, which supports the transition toward a sustainable economy.

Wingcopter co-founder and CEO Tom Plümmer says, “We would like to thank the European Investment Bank for their trust in us and their support as we strive to become a global leader in drone-based delivery of urgently needed goods, from medical supplies to groceries.” 

He continues, “Our goal is also to improve lives by creating many jobs — in R&D and manufacturing at our headquarters in Europe, as well as in the countries where we provide services, where we train and qualify local young people to operate our drone delivery networks.” 

“It requires strong partners like the EIB to build reliable, efficient, and safe delivery drone technology and logistics services,” adds Plümmer.

Pilot incoming this summer

The Wingcopter 198 is expected to operate for the first time in Germany this summer. This is when Wingcopter launches a pilot project in southern Hesse to test on-demand grocery transport. 

The German company aims to improve local supply in rural German communities through a sustainable delivery service. This will be conducted with the Frankfurt University of Applied Sciences. 

It is funded by the German Federal Ministry for Digital and Transport.

The announcement comes a year after raising €39.73M in a Series A extension round. This tripled the company’s total equity raise to more than €56.76M. 

Before this, in January 2021, Wingcopter raised $22M (then, €18M) in its Series A funding round.

Wingcopter: What you need to know

Launched in 2017 by Tom Plümmer, Jonathan Hesselbarth, and Ansgar Kadura, Wingcopter is a developer, manufacturer, and operator of unmanned eVTOL, fixed-wing unmanned aircraft systems (UAS), and provider of drone delivery services.

The company is focused on optimising medical supply chains, as well as the last-mile logistics of packages, tools, spare parts, food, and groceries.

The Wingcopter 198 can take off and land vertically like a multi-copter, while flying long distances as effectively and rapidly as a fixed-wing aircraft, even in rain and severe winds. 

With a maximum payload capacity of 5 kg and a range of up to 100 km, Wingcopter’s core hardware and software are patented worldwide. 

Currently powered solely by batteries, the company is collaborating with Hamburg-based ZAL Center for Applied Aeronautical Research GmbH to develop a green hydrogen energy system. This innovative system aims to enhance the flight endurance of Wingcopter’s drones, making it possible for them to carry out longer missions.

Wingcopter’s electrically powered unmanned aircraft deliver goods for several small-scale commercial and humanitarian projects. 

For example, in Malawi, a joint project with UNICEF and Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) has seen Wingcopter’s drones deliver life-saving medicines and medical supplies to rural communities in hard-to-reach areas.

European Investment Bank

The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. 

It makes long-term finance available for sound investments to contribute towards EU policy goals. 

The EIB’s activities focus on the following priority areas: climate and environment, development, innovation and skills, small and medium-sized businesses, infrastructure, and cohesion. 

The EIB works closely with other EU institutions to foster European integration, promote European Union development and support EU policies in over 140 countries around the world.

EIB Vice-President Ambroise Fayolle says, “Europe is currently the global leader in cleantech, and we must work hard to maintain this lead. Backing European cleantech pioneers with global reach like Wingcopter is central to our mission.”

“This investment underlines our commitment to supporting entrepreneurs in growing and building advanced green technology businesses in the European Union. This strengthens our technological competitiveness, creating highly skilled jobs, and opening up new markets while preserving nature,” adds Fayolle.

Germany-based Quantum-Systems, a developer, designer, and manufacturer of advanced unmanned aerial systems (UAS), announced that it has raised an undisclosed amount of funding in a round led by new investors Peter Theil, Project A, and Sanno Capital.

Existing Investors Bayern Kapital and 10x Group also participated in the round.

Peter Thiel says, “The future of UAS is in neither software nor hardware alone, but in the intelligent synthesis of the two. With that understanding, Quantum-Systems is a leap ahead of its competition.”

Funding enables an aggressive sales aspect

Quantum-Systems says the funds will be used to accelerate its R&D investment in artificial intelligence, autonomy, edge computing, and robotics. The company says that this will provide its advanced airframes with sophisticated software.

The funds will also allow Quantum-Systems to more aggressively seek out sales opportunities across Europe for its sophisticated UAS in sectors that range from defence to agriculture, mining, and construction.

“The next chapter in our growth is taking our first-class hardware, which our customers love, and investing heavily in the software to bring it to the next level,” says Florian Seibel, CEO of Quantum-Systems. “That includes artificial intelligence, which will enhance our ability to provide situational awareness to our operators; edge computing, which facilitates real-time data processing onboard our UAS; and new elements in our mission planning software, which allows operators to orchestrate complex operations with the click of a button.”

With Quantum’s UAS, customers can carry out search and rescue operations after natural disasters, automate railway inspections after bad weather, and gather aerial data intelligence on large-scale construction projects.

Uwe Horstmann, General Partner at Project A, says, “American and Israeli companies have historically dominated the drone market. We are excited to see Quantum-Systems step up and provide a homegrown European solution that doesn’t sacrifice tech quality.”

About Quantum-Systems

Founded in 2015, Quantum-Systems is at the forefront of UAS development. A leading provider of vertical take-off and landing (eVTOL) systems, the company claims that its electric vertical lift systems are easy to operate, have extensive flight endurance, and are reliable. 

Quantum-Systems’ UAS are used by public and private sector customers alike, be it for security, defence, humanitarian assistance, or geospatial operations.

Florian Moerth, CEO of Sanno Capital, says, “Whether in agriculture, construction, or observation for humanitarian operations and reconnaissance, Quantum’s UAS cover an immense range of applications. The company offers the innovation potential to build the European champion in its field through best-in-class sensor solutions and AI.”

Antwerp-based Unifly, an Unmanned Traffic Management (UTM) system provider, announced on Tuesday that it has secured €10M in funding from Terra Drone Corporation and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN).

This investment marks JOIN’s first investment in the drone industry. Through this investment, JOIN and Terra Drone intend to support the development of the UTM system, which enables safe and efficient drone and aircraft flight management. 

The Belgian company will use the proceeds to continue product development and solidify its position in the UTM system market. 

Andres Van Swalm, co-founder of Unifly, says, “The investment of Terra Drone and JOIN strengthens Unifly’s position as the sustainable UTM partner for the future. Unifly is here to stay– we are very happy to announce our new shareholders and continue with existing shareholders. This investment enables us to continue to build on the success of Unifly and pursue our vision of enabling autonomous aviation.”

Unifly: What you need to know

Founded in 2015 by Air Traffic Management and Drone experts, Unifly connects supervisors with drone pilots to safely integrate drones into the airspace. 

By automating drone traffic management, and integrating manned and unmanned aviation systems, the company’s platform will enable aviation authorities to be prepared for the exponential growth of air traffic.

Currently, the national Air Navigation Service Providers of Belgium, Canada, and Germany, among others, are using Unifly’s platform to manage drone traffic in their airspace in an optimised and sustainable way.

Partnerships

Last year, NAV CANADA signed an agreement with Unifly to support flight authorisations as part of the nationwide UTM system. The system, with an intuitive user interface, will enable Canadian drone pilots to access the web and mobile applications to identify safe and legal airspace, plan flights, and manage operations, pilots, and a fleet of drones.

Spanish ANSP Enaire awarded a contract for an automated and digital drone management platform (U-Space) to Indra in partnership with Unifly and Airbus, with the objective to go live with a U-Space compliant system in 2023.

Additionally, Port of Antwerp has developed and launched a UTM platform together with Unifly to digitalise and automate requests for drone flights by operators.

Investors

Terra Drone is a drone and Urban Air Mobility (UAM) technology company, providing drone hardware and cloud-based software for survey and inspection, such as Terra Lidar, and thickness measurement by ultrasonic NDT. 

Toru Tokushige, CEO of Terra Drone, says, “Our airspace is going to get more crowded than ever. There’s an urgent need for a global traffic management solution to enable safe and efficient drone and UAM operations. Terra Drone aims to be the leading player building the digital infrastructure in the sky together with Unifly.”

JOIN is a Japanese government-private-sponsored infrastructure investment fund company. JOIN’s aim is to encourage Japanese companies to utilise their knowledge, technology, and experience in the field of infrastructure to expand overseas. 

Tatsuhiko Takesada, President & CEO at JOIN, says, “Through its equity participation in Unifly, JOIN expects to contribute to the realisation of safe and secure aircraft, airport and port operations, and enhancement of drone operation management. JOIN aims to support the expansion of the use of drones in a wide range of fields and further build its growth in the drone industry.”

At a time when Urban Air Mobility is the next big advancement, High Tech Campus Eindhoven (HTCE) has initiated the rollout of a new generation of advanced autonomous aviation digital infrastructure. It is claimed to benefit the Urban Air Mobility (UAM) of cities in a secure, safe, and regulated way. Recently, HTCE appointed Serendipity to execute the technical coordination of its field lab. 

High Tech Campus Eindhoven claims to be the smartest km² in Europe with more than 220 companies, startups and institutes. According to HTCE, more than 12,000 researchers, developers and entrepreneurs are working on developing future technologies and products that will affect the lives of billions of people.

Part of Flying Forward 2020 consortium 

The field lab will be a part of the Flying Forward 2020 consortium (FF2020). It is a three-year collaborative innovation and research project, which was funded by the European Commission. After completing the launching site at HTCE, the infrastructure for UAM will be tested at four other field labs including the University of Oulu in Finland, Ospedale San Raffaele Milan in Italy, Tartu Science Park in Estonia, and the City of Zaragoza in Spain. 

The international FF2020 consortium consists of public and private organisations, universities, and international multi-disciplinary teams of experts – Digie, Nalantis, EUROUSC Italia, VERSES, Serendipity, and the University of Maastricht. This consortium is backed by numerous large institutions including Microsoft, LUMO Labs, Nokia, VDL, NXP, and the European Space Agency (ESA). 

“With the rise of drone use, flying taxis and autonomous last-mile delivery, we need to prepare ourselves for the future,” says Jan-Willem Neggers, HTCE Managing Director. “When we were approached by LUMO Labs and Serendipity to participate in this project, we saw the possibilities for us as a campus to realise our ambitions. Our innovative campus, with all the tech-savvy people working here, is the perfect location to develop, test and roll out this project.”

Eindhoven-based Serendipity uses digital transformation phases to help cities and ecosystems become sustainable, resilient and safer.

“Of course, we would like to know whose drone is flying – from where, to where, on what path and altitude – just like with planes, only closer to the ground,” Neggers says, “And for exactly this reason, we’d better make it safe, transparent, traceable and well-regulated.”

Sustainable UAM ecosystem 

Founded in 2020,  Serendipity helps ecosystems see the future and create resilient, livable, and sustainable cities. It helps cities, stadiums, and campuses realise their digital transformation strategy. “We are honoured and excited that we were able to build the UAM ecosystem with the best partners in the world to create the digital infrastructure of the future,” explains Jonas Onland, Managing Partner of Serendipity.

Andy Lürling, Founding Partner of LUMO Labs says, “Many of these technologies come from startups and scale-ups. The field labs will also be ideal test labs for some of our portfolio companies. We see Serendipity as the curator between startups and the multinationals.”

Coronavirus has not only left many industries disrupted but also paved the way for advancements in select sectors. Like telehealth and autonomous delivery robots, coronavirus has also given drones an opportunity to kick in. And, the Irish drone startup Manna has made used of this pandemic outbreak despite the disruption in its plans.

Founded in 2018 by Bobby Healy, Manna was all set to kick start its drone delivery service around a Dublin university campus back in March but the pandemic outbreak and the subsequent lockdown disrupted its pilot programme. However, the drone startup reshuffled its operations and started delivering medication and urgent supplies to the senior citizens in rural areas.

Manna adapted to changes!

Initially, Manna was all set to deliver Ben and Jerry’s ice cream to students in Dublin. The startup struck a deal with Unilever and Just Eat to deliver the same to 30,000 students of Dublin University from March 18. As it neared the fixed date, the pandemic outbreak made changes to the company’s plans. The founder and CEO, Bobby Healy realised that people isolated in rural areas will be in need of medicines and groceries among other essential supplies. And, decided to use Manna’s drones to deliver these supplies.

What’s interesting to know about this Irish drone delivery startup is that they didn’t wait for things to calm down and the Irish government to ease restrictions. Instead, they used the food delivery drones to delivery medication and other essential supplies. During the coronavirus outbreak, the drone delivery startup ensures to follow safety measures and social distancing norms. Drones execute deliveries with zero human contact that isn’t the case with normal ways of delivery.

First pilot programme!

Manna chose Moneygall for its first trial that has been running for six weeks. One of its drones has been deployed to handle between 20 and 50 deliveries a day. The drone can carry between 4.5 pounds and 9 pounds of supplies. After witnessing success, Manna proceeded with the delivery of products besides essentials such as medicines, butter, and bread. The startup had delivered Fanta, a birthday cake, and puncture repair kits as well in the village. They even delivered a pizza to a parish priest (85).

Back in late 2019, Manna secured nearly €2.7 million funding from Dynamo VC, a logistics-focused fund. The drone delivery startup channelled the funding for its commercial growth that will deploy a fleet of drones to deliver food directly from restaurants to consumers.

Plans to expand further

Following the successful pilot programme in the village, Manna is in plans to expand its drone delivery service to a relatively larger town. However, they are yet to finalise the town. The company doesn’t want to break into large cities with dense populations as there are roadblocks such as limited outdoor space that challenge drone deliveries. Tapping into rural communities, Manna Aera intends to become popular without facing competition from food delivery giants such as Deliveroo and Uber Eats.

Main image picture credits: Manna

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Lilium, the Munich-based aviation company, has announced the completion of internal funding round worth more than $240 million (approx €224 million). The round was led by Tencent, with participation from other existing investors, including Atomico, Freigeist, and LGT. This brings the total fundraised to more than $340 million (approx €318 million).

The German company is planning to use the funding to support further development of the Lilium Jet as well as underpinning preparations for serial production in Lilium’s newly-completed manufacturing facilities.

As well as designing and manufacturing the Lilium Jet, the company plans to operate a regional air mobility service as early as 2025 in several regions around the world.

Christopher Delbrück, Chief Financial Officer, Lilium, said:

This additional funding underscores the deep confidence our investors have in both our physical product and our business case. We’re delighted to be able to complete an internal round with them, having benefited greatly from their support and guidance over the past few years.

Co-founded in 2015 by four visionary engineers, Daniel Wiegand (CEO), Sebastian Born, Matthias Meiner, and Patrick Nathen, Lillium has designed and prototyped the Lilium Jet, a five-seater, fully-electric aircraft that can take-off and land vertically (eVTOL). Lilium is headquartered in Munich and currently employs more than 400 people.

David Wallerstein, Chief eXploration Officer, Tencent, said:

At Tencent, we’re committed to supporting technologies that we believe have the potential to tackle the greatest challenges facing our world. Over the last few years, we’ve had the opportunity to see the professionalism and dynamism with which Lilium are approaching their mission, and we’re honored to be supporting them as they take the next steps on their journey.

Main image credits: Lilium

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Wingcopter is a German manufacturer of unmanned eVTOL aircraft dedicated to improving the lives of people worldwide through meaningful commercial and humanitarian applications. Primarily, this German startup focuses on the delivery of medical goods as well as parcels and food.

Back in December 2019, Wingcopter received seven-digit financing from Singapore-based Corecam Capital Partners. Recently, the multi-family office from Singapore has increased its investment in Wingcopter in a second closing. However, the company didn’t disclose the exact figures. 

According to Singapore-based firm, the reason for the second investment is the great commercial interest in Wingcopter. Wingcopter plans to grow from the current 45 team members to 70 within the next few months.

Wingcopter’s CEO Tom Plümmer: 

We are very proud that Corecam is convinced of our approach and that they have provided us with additional financial resources after such a short time. With the additional capital, we will continue to expand the team to be able to meet the high demand and to accelerate the further development of the Wingcopter. 

Milestone #1: Beyond-visual-line-of-sight flight (BVLOS)

Ever since the funding, Wingcopter, in cooperation with Merck and the Frankfurt University of Applied Sciences, performed the world’s first beyond-visual-line-of-sight flight (BVLOS) between two production facilities. 

Milestone #2: Flown over a distance of 25 kilometers

Laboratory samples were flown over a distance of 25 kilometers from the Merck plant in Gernsheim to the company’s headquarters in Darmstadt – over highways and state roads, power and rail lines, and industrial infrastructure.

Milestone #3: Wingcopter delivered 90kg of medicines to remote areas 

As part of a humanitarian aid project in Malawi, 90 kg of medicines were delivered by Wingcopter to remote areas that were partially cut off from the outside world by a flood, adding up to a total of over 10,000 flown kilometers within a month just in that specific project.

Milestone #4: African governments and international organizations have expressed their interest

Following the successful participation in the African Drone Forum and the Lake Kivu Challenge in Rwanda, several African governments and international organizations have expressed their interest in cooperating with Wingcopter.

Martin Lechner, the Managing Partner of Corecam Capital Partners, commented: 

The worldwide commercial interest in Wingcopter’s innovative and powerful eVTOL drones is impressive. Based on the very positive development in recent months, we are supporting Wingcopter in the second round of financing to enable the team to implement their ambitious growth plans successfully”.

Main image picture credits: Wingcopter

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Construction is one of the most world’s largest industries but it is dated as it relies on tools developed decades ago. While many architects and related professionals design digitally, the construction is still manual, which is the root cause of inefficiencies in the industry.

There are reports suggesting that almost 20% of every construction project results in rework. Eventually, this leads to a lot of waste and reduces the overall margin. To rule out this issue, the construction industry has started taking the digitisation path by embracing software tools, robotics, and other technologies.

Several robotics startups in Europe have started developing robots focused on the construction industry to resolve the challenges faced by manual labour and make the industry more efficient. Here is a list of construction robotics startups in Europe as sourced from Dealroom.

Blue Ocean Robotics (Denmark)

Founders: Claus Risager, Rune K. Larsen, John Erland Østergaard
Total Funding: €44.3 million
Founded year: 2013

What it does: Blue Ocean Robotics, an Odense-based robotics startup develops, produces, and sells professional service robots across industries such as construction, hospitality, agriculture, and healthcare. Its portfolio includes brands such as Beam Robots, UVD Robots, PTR Robots and a handful of other service robots. Blue Ocean Robotics is the world’s first Robot Venture Factory and the winner of one of the most prestigious international recognitions, the IERA Award 2019.

KEWAZO (Germany)

Founders: Alimzhan Rakhmatulin, Artem Kuchukov, Eirini Psallida, Ekaterina Grib, Leonidas Pozikidis, Sebastian Weitzel
Funding: €3.6 million
Founded year: 2016

What it does: Munich-based startup KEWAZO works with the intention of improving construction logistics via data analysis and robotics. The company’s first solution is a robotic elevator for construction sites as well as industrial plants with focus on scaffolding. In the construction sector, it focuses on activities such as painting work, roof work, facades, insulation work, etc.

Scaled Robotics (Spain)

Founders: Bharath Sankaran, Stuart Maggs
Funding: €2 million
Founded year: 2015

What it does: Scaled Robotics rethinks constructing buildings by bringing about automation in the construction sites. This robotics startup reduces material consumption by up to 75%. Scaled Robotics operates with the mission to modernise construction by deploying Artificial Intelligence and robotics and create a manufacturing process, which is efficient, lean, and cost-effective.

MOBBOT (Switzerland)

Founder: Agnes Petit
Funding: €80k
Founded year: 2018

What it does: With 3D concrete printing, sustainable construction is approaching close to reality. MOBBOT intends to revolutionise the construction sector with its 3D printing system, which brings about digitisation into the field of construction. It develops 3D printing solutions that are efficient to use and robust, improve working conditions, and reduce CO2 emissions. MOBBOT’s mobile robots print bespoke concrete components where builders need them.

ZXY-Builders (Netherlands)

Founder: David Smits
Founded year: 2015

What it does: ZXY-Builders develops, integrates, and operates small UAVs (Unmanned Aerial Vehicles) for remote sensing applications. It develops ZXY Cloud platform to capture aerial data using autonomous drones. This platform is used in energy, construction, utilities, and government applications. In the construction sites, it monitors, maps, and conducts safety inspections.

Les Companions (France)

Founder: Antoine Rennuit
Founded year: 2018

What it does: French robotics startup Les Companions offers a collaborative robot for painters. Dubbed PACO, this collaborative robot is meant for second-fix work and it assists painters in sanding and painting works on both renovated or new construction sites. Notably, PACO is easily portable and reduces masking, sanding, and cut-in times.

Odico (Denmark)

Founder: Lars Baun
Funding: €950k
Founded year: 2012

What it does: Odico operates with the vision to revolutionise the concrete industry and architectural profession. With the introduction of robot technology, the company wants to transform the global construction industry, which is heavily dependent on manual labour wherein small innovative designs are difficult to realise. It is one of the world companies in the world to develop software and robotics technology for industrial cutting of advanced casting molds in expanded polystyrene.

Craft Robotics (Denmark)

Founder: Rasmus Lundgaard
Founded year: 2018

What it does: Craft Robotics builds adaptive and intelligence robots for the construction industry, which is extremely monotonous and dangerous. Its robots are an extension of the workers’ toolbox and enable people to do a lot more in a day with the help of automation and prevent them hazards. Its robotic tool fits into existing workflows and logistics of construction sites.

Stock photo from Photomontage/Shutterstock

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CerbAir, a French defense, and security company that was launched in 2015, has secured €5.5 million in funding recently. Back in December 2017, CerbAir secured €1.5 million in a funding round with the help of several investors include Denis Gardin from MBDA, Jean-Michel Aulas, with his family office HOLNEST and Technofounders, the French accelerator that kick-started CerbAir.

With an estimated 10 million consumer drones in circulation today, the market is expected to rise to over 50 million by 2025. More than just a toy, these off-the-shelf UAVs (Unmanned Aerial Vehicles) are now being used for more sinister actions.

As per the company claims, drones are easy to purchase over the counter at affordable prices, and the threat is becoming ever more present.

However, CerbAir, with its state-of-the-art radio-frequency technology embedded in mobile or fixed anti-drone solutions, civilian drone threats can be detected from far away (up to 5km/3 miles). 

Once detected and characterized, counter-measures can immediately neutralize the drone by forcing it to land through a mix of advanced jamming and hacking technology.

The company successfully commercialized its Anti-Drone Solutions at the beginning of 2017, notably within special forces worldwide, Prisons, VIP Villas, or Security Companies.

Lucas Le Bell, CEO of CerbAir:

The aim of CerbAir is to become the go-to anti-drone solution in this ever-evolving industry. Our tailor-made toolbox approach means that we can deliver cost-effective solutions that adapt to all client needs. One of our main selling points is our capacity to detect and pin down a drone before it even takes-off, even from several miles away. We couldn’t be happier with today’s funding round. We will enhance our offer with more features – ever more innovative ones –, boost commercial development while we stay in touch with the needs expressed in the field. 

Main image credits: CerbAir

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Based out of Stockholm, Skyqraft conducts aerial inspection of power lines through unmanned airplanes and machine learning. In the latest development, the Swedish company has secured $505,000 (approx €454,080) led by startup generator and investor Antler along with several angels, including Claes Ekström and Tomas Kåberger.

The company is planning to use the new funding to build machine learning software further and expand the map user interface for its customers. Skyqraft will use a part of the funding to build a drone operation team and test new apparatus as well.

Founded in 2019 by David Almroth, Sakina Turabali, and Umar Chughtai, the company aims to revolutionise the infrastructure inspection market by making it safer, more efficient, and, most importantly, sustainable.

The solution features 360-degree HD videos and hi-res images of the assets inspected, an automated map that pinpoints all the inspection information, and enhanced images to improve planning and service recovery after a storm. Upon collecting high volumes of image data, it will be used as inputs to a machine learning-based risk assessment system.

SkyQraft’s aerial inspection is cheaper and safer than current procedures, which can be managed remotely; inspections can take place more frequently, preventing more accidents from taking place. Last, the startup won Iberdrola’s ‘Startup Challenge: Resilience to Natural Disasters.’

Main image picture credits: Antler

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