Drone Delivery Startup Zipline Hits $7.6 Billion Valuation
Zipline, a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion, as it expands commercial deployments.
The firm’s fundraising round included backing from Valor Equity Partners and participation from investors such as Tiger Global, Fidelity Management and Research Company and Baillie Gifford.