Zipline Raises $250M

Zipline

has raised $250 million in new funding to help us accelerate the development of a new model for instant logistics.

With the new funding, the company will continue to advance its integrated service, including the autonomy platform, aircraft, fulfillment systems, and operations. The funding will also fuel continued expansion into new industries and geographies, transforming systems like healthcare and commerce with instant logistics, and strengthen our support of local communities and the partners.

New investors include Fidelity, Intercorp, Emerging Capital Partners and Reinvent Capital this round alongside the ongoing support from leading investors Baillie Gifford, Temasek, and Katalyst Ventures.

Source: Press Release

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