Key facts
as of Oct 2026- Manufacturer of commercial drones intended to offer fully automated, battery-powered package delivery.
- Matternet is valued at approximately $145.0M as of Oct 2026 (last reported valuation).
- It has raised $133.7M across 4 recorded rounds; the latest was Early Stage VC ($29.6M) in May 2026.
- Notable investors include Mana Ventures, Gaingels, Sony Innovation Fund, UpHonest Capital, Hemisphere Ventures — 30 tracked in total.
- Matternet has filed 2 Form Ds with the SEC since 2016, most recently Jan 2020 ($5.7M sold to 7 investors).
- Status: Privately Held (backing).
Last reported valuation
LOW confidence$145.0M
Matternet's last reported valuation, Oct 2025. Nothing priced has surfaced since.
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Funding rounds
4 roundsAbout Matternet
Manufacturer of commercial drones intended to offer fully automated, battery-powered package delivery. The company's platform operates drones with a payload and connects with an easy-to-use station to automate payload and battery exchange for operating routes, monitoring, commanding, and controlling, enabling companies to build and operate drone logistics networks for transporting goods.
- Sector
- Information Technology
- HQ
- Mountain View, CA, United States
- Founded
- 2011
- Employees
- 59
- Website
- matternet.com/
- Ownership
- Privately Held (backing)