The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter GmbH, a European pioneer in unmanned delivery drone technology and related services.
Backed by the European Commission’s InvestEU, the European Investment Bank is providing a €40-million quasi-equity investment to Wingcopter to help scale its electric delivery drone technology and related services.
German drone solution startup Wingcopter announced today it had landed €40 million in funding from the European Investment Bank (EIB) to scale up services and ramp up production of its latest model.
According to its developers, the Wingcop