Seed · Aviation & Drones · Stockholm, Sweden · Founded 2023 · 5–20 employees
Wingbits is revolutionizing flight tracking by building a decentralized network of aviation enthusiasts who operate ADS-B antennas and earn cryptocurrency rewards for providing high-quality flight data. The Stockholm-based startup uses blockchain technology to fairly compensate contributors, addressing the exploitative model where volunteers previously received nothing while companies generated hundreds of millions in revenue from their data. Since launching in 2023, the company has grown explosively from 40 antennas to over 2,000 stations across 85 countries, becoming the fastest-growing flight tracking network in history. With recent funding totaling $9.2 million, including a $5.6 million round led by Borderless Capital and Bullish Capital, Wingbits is developing cryptographically-secured ADS-B receivers that provide millimeter-level precision and verifiable data quality for the $6 trillion aviation industry.
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