In mid-May, Wingcopter announced an extremely ambitious plan to deploy some 12,000 of its fixed-wing UAVs in Sub-Saharan Africa over the next half decade. As far as drone delivery markets go, it certainly makes sense, targeting users in remote areas that can often be hard to reach due to infrastructural issues.
Such a project will take a lot of resources, of course, but thankfully, the German startup just announced a $42 million funding round. The Series A extension brings Wingcopter’s raise above $60 million to date. It was led by German retail firm REWE Group and Salvia and XAI technologies.