Technology

Autonomous drone delivery startup Zipline raises $250M on a $2.75B valuation

Autonomous drone delivery startup Zipline raises $250M on a $2.75B valuation

Autonomous drone delivery startup Zipline Inc. today announced that it had raised $250 million in new funding to help it accelerate development of a new model for instant logistics.The Series E round was raised at a valuation of $2.75 billion. Investors included Fidelity, Intercorp, Emerging Capital Partners, Reinvent Capital, Baillie Gifford, Temasek and Katalyst Ventures.

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