# Matternet funding: rounds and investors > Matternet has raised $54M across 6 rounds since 2012. Investors include Andreessen Horowitz, Sony Innovation Fund and Legend Star. Every round with its source. Source: https://millionrounds.com/company/matternet (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Matternet* 6 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Drones Robotics Raised 5 months ago Funding summary Updated 26 Oct 2026 **$54M** raised across 6 rounds since 2012, from 6 sources **$2.0M** Seed **$16M** Series A **$6.0M** Debt **$30M** Round - **Latest round:** Round, $30M Jun 2026 - **Step-up i:** 4.9× - **Investors:** 12 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2012 2014 2016 2018 2020 2022 2024 2026 **?** Round **$2.0M** Seed **$16M** Series A **?** Venture **$6.0M** Debt **$30M** Round - **First round:** Round - **Biggest round:** $30M - **Usual gap between rounds:** 18 months ## The rounds - **Jun 2026** Round **$30M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $30M sold, first sale Jun 2026 - **Mar 2026** Debt **$6.0M** *4 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [Legend Star](https://millionrounds.com/fund/legend-star) Source recorded SEC filing: $6.0M sold, first sale Mar 2026 - **Sept 2024** Venture **Amount undisclosed** *1 new* *3 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [Legend Star](https://millionrounds.com/fund/legend-star) Source recorded - **Jun 2018** Series A **$16M** *3 new* [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [Levitate](https://millionrounds.com/fund/levitate) Boeing HorizonX Ventures/ Swiss Post Reported by FinSMEs - **Nov 2013** Seed **$2.0M** *7 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [Legend Star](https://millionrounds.com/fund/legend-star) [Scott Banister](https://millionrounds.com/fund/scott-banister) [Fadi Ghandour](https://millionrounds.com/fund/fadi-ghandour) [Bryan Johnson](https://millionrounds.com/fund/bryan-johnson) [Adam Pisoni](https://millionrounds.com/fund/adam-pisoni) From a historical funding record - **May 2012** Round **Amount undisclosed** *1 new* [MENA Venture Investments](https://millionrounds.com/fund/mena-venture-investments) From a historical funding record ## Founders and team From Matternet's own website: 1 founder, 3 on the team. **Andreas Raptopoulos** Founder & CEO - **Alex Norman** COO - **John Rousseau** Head Of Safety & Policy - **Josephine Graves** Head Of People ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2012 **Seed** 2013 **Series A** 2018 **Venture** 2024 **Debt** 2026 **Round** 2026 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [Legend Star](https://millionrounds.com/fund/legend-star) [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [Scott Banister](https://millionrounds.com/fund/scott-banister) [MENA Venture Investments](https://millionrounds.com/fund/mena-venture-investments) [Fadi Ghandour](https://millionrounds.com/fund/fadi-ghandour) [Bryan Johnson](https://millionrounds.com/fund/bryan-johnson) [Adam Pisoni](https://millionrounds.com/fund/adam-pisoni) ## Everyone who backed them [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **3** rounds [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) Corporate VC **3** rounds [Legend Star](https://millionrounds.com/fund/legend-star) VC firm **3** rounds [UpHonest Capital](https://millionrounds.com/fund/uphonest-capital) VC firm **2** rounds [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) VC firm **1** round [Scott Banister](https://millionrounds.com/fund/scott-banister) Angel **1** round [MENA Venture Investments](https://millionrounds.com/fund/mena-venture-investments) VC firm **1** round [Fadi Ghandour](https://millionrounds.com/fund/fadi-ghandour) Angel **1** round [Bryan Johnson](https://millionrounds.com/fund/bryan-johnson) Angel **1** round [Adam Pisoni](https://millionrounds.com/fund/adam-pisoni) Angel **1** round [Levitate](https://millionrounds.com/fund/levitate) VC firm **1** round Boeing HorizonX Ventures/ Swiss Post no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=matternet). ## Also claim to have backed them These 7 firms list Matternet as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Drone Fund](https://millionrounds.com/fund/drone-fund) VC firm Per its own site [Comet Labs](https://millionrounds.com/fund/comet-labs) VC firm Per its own site [Locus Ventures](https://millionrounds.com/fund/locus-ventures) VC firm Per its own site [5G Ventures S.A Phaistos Investment Fund](https://millionrounds.com/fund/5g-ventures-s-a-phaistos-investment-fund) VC firm Per its own site [Flucas Ventures](https://millionrounds.com/fund/flucas-ventures) Angel network Per its own site [Wealthing VC Club](https://millionrounds.com/fund/wealthing-vc-club) VC firm Per its own site [World Solver](https://millionrounds.com/fund/world-solver) Investment firm Per its own site ## Quick answers about Matternet ### Who invested in Matternet? Matternet's investors include Andreessen Horowitz, Sony Innovation Fund, Legend Star, UpHonest Capital and QueensBridge Venture Partners, and 7 more on record. ### How much has Matternet raised? Matternet has raised $54M across 6 rounds since 2012. 2 rounds did not disclose an amount, so the total is a floor. ### When did Matternet last raise? Matternet's most recent round, $30M, was in Jun 2026. ### What was Matternet's biggest round? Its most recent round, $30M in Jun 2026, is also its largest on record. ### Who backed Matternet first? Matternet's first round on record, in May 2012, was backed by MENA Venture Investments. ### What stage is Matternet at? Matternet's latest named round is a Debt, in Mar 2026. ### Where is Matternet based? Matternet is based in the United States. ## Companies like Matternet In the same sector, and raised in the last eighteen months. [**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app