The Series A extension round has tripled the company’s total equity raised to over $60 million .
Since REWE Group is one of Germany’s largest grocery retailers with operations across Europe, Wingcopter said its operations would expand beyond the current primary focus on medical delivery services. “In Malawi, where the company has been active since 2019, Wingcopter will expand its network operations with new Wingcopter 198 drones and more hubs, transporting various medical goods … to remote health centres.”
The partnership means that Continental Drones has become a Wingcopter Authorised Partner for every country in sub-Saharan Africa.
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