Autonomous drone delivery startup Zipline raised $1.5B at a $21.5B valuation, up from $7.85B after raising $600M in January, and plans to grow US manufacturing (Kelly Cloonan/Wall Street Journal)
Zipline secured $1.5 billion in fresh funding to accelerate the expansion of its manufacturing operations within the United States. The autonomous drone delivery startup is now valued at $21.5 billion following this transaction. This latest milestone follows a separate funding round completed earlier in the year that added $600 million to its balance sheet. The company's valuation previously stood at $7.85 billion after that January round.
Key points
Zipline was previously valued at $7.85 billion following a January financing round.: Zipline was previously valued at $7.85 billion following a January financing round.
The startup collected $600 million in funding earlier this year before this round.: The startup collected $600 million in funding earlier this year before this round.
Fresh capital will enable the autonomous drone delivery firm to grow US production.: Fresh capital will enable the autonomous drone delivery firm to grow US production.
Sources checked by our analysis pipeline: 1
Dina Bass / Bloomberg: |
Wall Street Journal: |
Andrew E. Freedman / Tom's Hardware: |
OpenAI: |
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Carl Franzen / VentureBeat: |
Takashi Mochizuki / Bloomberg: |
New York Times: |
Mark Gurman / Bloomberg: |
Marcus Mendes / 9to5Mac: |
David Keohane / Financial Times: |
Tom Warren / The Verge: |
Financial Times: |
Carmen Arroyo / Bloomberg: |
Reuters: |
Charles Rollet / Business Insider: |
Kelly Cloonan / Wall Street Journal: |
Stephen Council / Business Insider: |
Jay Peters / The Verge: |
Maxwell Zeff / Wall Street Journal: |
Bloomberg: |
Andrew J. Hawkins / The Verge: |
Cheng Ting-Fang / Nikkei Asia: |
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Will Knight / Wired: |
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