Warsaw-based venture capital fund RKKVC has joined an investment round for Wingtra, a Zurich-based drone manufacturer. The round also saw participation from SymbiaVC, EquityPitcher Ventures, DiamondStream Partners, Cadence Growth Capital (CGC), Spring Mountain Capital, Helvetic Trust, and others. Fresh funds will help the company with the entry to new markets and new commercial sectors.
About Wingtra
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Wingtra is the world's leading provider of VTOL drone solutions for professionals in the fields of construction, infrastructure, mining, urban planning, and land management.
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The startup, based in Switzerland, has partnered with over 80 surveying equipment dealers worldwide since 2017.
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With over 100 employees, including 40 R&D professionals, Wingtra's WingtraOne drone offers survey-grade aerial data collection for applications like surveying, mining, and wildlife monitoring. Its all-in-one solution offers broad coverage, brilliant resolution, and absolute accuracy down to 1 cm.
Investment details
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RKKVC, one of the co-investors in the company, is a family office venture capital firm established in Poland that supports industry-neutral founders with outstanding ambitions and aims. The fund mostly invests at the seed and round A stages. It works for post-MVP projects, but the team approaches each organisation separately.
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The firm has a diverse range of portfolio companies, including those in Fintech, AI, Cybersecurity, Space Technology, and more. Some examples of their portfolio companies include Sea Machines, Move AI, and Fido Tech. One of its latest investments was in Bcomp, another Swiss company, during its $40 million round.
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Apart from the Polish fund, other investors also participated in the funding, including SymbiaVC, EquityPitcher Ventures DiamondStream Partners Cadence Growth Capital (CGC) Spring Mountain Capital Helvetic Trust, and many others.
The cooperation extends beyond funding and provides significant benefits to both Wingtra and the investors. The fresh capital will be used to leverage Wingtra's cutting-edge technology and strategic resources to create substantial advances in sustainable forestry management and beyond.