Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues2.0m3.8m5.1m5.1m6.6m
% growth-88 %37 %-29 %
EBITDA--(9.2m)--
% EBITDA margin--(179 %)--
Profit--(10.0m)--
% profit margin--(196 %)--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

-

€1.0m

Seed
*

N/A

Seed

$22.0m

Series A

$1.0m

Valuation: $110m

26.6x EV/LTM Revenues

Early VC
*

N/A

Early VC
*

$42.0m

Series A
*

$44.0m

Debt
Total FundingCAD90.1m

Recent News about Wingcopter

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More about Wingcopter
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Wingcopter is a startup that specializes in providing drone solutions for both commercial and humanitarian purposes. The company's primary focus is on improving and saving lives through the use of drone technology. The company operates in the global market, serving a diverse range of clients including e-commerce businesses, grocery and food delivery services, and humanitarian organizations.

Wingcopter's business model revolves around the use of electric delivery drones and logistics services. The company has received a significant investment of €40 million from the European Investment Bank (EIB) to scale up its operations. This funding will be used to enhance the company's drone technology and expand its logistics services.

The company has also been involved in a pilot project funded by the German Federal Ministry for Digital and Transport. This project involved the use of Wingcopter's drones for the delivery of laboratory samples and medical supplies in Africa, demonstrating the company's potential in the healthcare sector.

In addition to its current operations, Wingcopter is exploring the potential of using green hydrogen to power its drones. This move aligns with the global push towards sustainable and clean energy sources, and could potentially enhance the company's market position.

In terms of revenue generation, Wingcopter makes money by providing drone delivery solutions to its clients. The company charges for its services, which include the delivery of parcels, groceries, food, and medical supplies.

Keywords: Drone Solutions, Commercial Applications, Humanitarian Applications, E-Commerce, Grocery Delivery, Food Delivery, Electric Delivery Drones, Logistics Services, Green Hydrogen, Medical Supplies Delivery.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.