Matternet

Mountain View, CA · Founded 2011 · Privately Held (backing)

Manufacturer of commercial drones intended to offer fully automated, battery-powered package delivery. Matternet is based in Mountain View, CA and was founded in 2011. Its last reported valuation was $145 million in Oct 2025. It has raised $134 million across 4 recorded rounds; the latest was a $29.6 million early-stage round in May 2026.

Last reported valuation
$145.0M
Oct 2026
Priced at
—
Total raised
$133.7M
Last round
Early Stage VC
May 2026

Who backs Matternet?

30 investors
InvestorType
Mana VenturesVenture capital
GaingelsVenture capital
Sony Innovation FundVenture capital
UpHonest CapitalVenture capital
Hemisphere VenturesVenture capital
Legend StarVenture capital
Ligo PartnersFamily office
Endeavor GreeceOther
AE Ventures—
Wealthing VC ClubVenture capital
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Matternet investors

30 investors are on record for Matternet, including Mana Ventures, Gaingels, Sony Innovation Fund and UpHonest Capital. By type, the record holds 10 venture capital firms and 4 family offices. The early-stage round in May 2026 drew 165 investors.

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