Xwing

company

About

Xwing is an autonomous aviation company building a network of autonomous aircraft for regional distances.

  • 1 - 10

Details

Last Funding Type
Series B
Last Funding Money Raised
$40M
Industries
Aerospace,Industrial Engineering,Software
Founded date
Jan 1, 2016
Number Of Employee
1 - 10
Operating Status
Active

Xwing was founded in 2016 to make air transportation smarter, safer, cleaner, and more accessible for everyone. Our work begins with converting today’s cargo aircraft into fully autonomous airplanes so every person in the world can have greater access to reliable and affordable delivery services no matter where they live. Beyond air cargo, we look forward to expanding our technology safely, scalably, and sustainably to other areas of commercial aviation. Fast Company recently named us one of the Most Innovative Transportation Companies of 2021 and a 'World Changing Idea' in 2022. We were also featured on TIME Magazine’s 2021 Best Inventions List after completing the world’s first fully autonomous cargo flight and making aviation history.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$50M
Xwing has raised a total of $50M in funding over 2 rounds. Their latest funding was raised on Apr 15, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 15, 2021 Series B $40M 1 Detail
May 20, 2020 Series A $10M 1 Alven Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Xwing is funded by 1 investors. Alven are the most recent investors.
Investor Name Lead Investor Funding Round
Alven Series B