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Zipline International secures US$600M in funding to scale its drone operations, surpassing 2M deliveries. The round saw participation from Fidelity Management, Valor Equity Partners, and Baillie Gifford.

PRIVATEJan 23, 20265 months ago

Amount Raised

$600 Million

South San FranciscoFarmingSupply Chain ManagementLogistics

Investors

Baillie GiffordValor Equity PartnersFidelity Management & Research Company

Description

Zipline International has raised US$600 million in a funding round to enhance its autonomous drone delivery services. The company has recently surpassed two million deliveries, showcasing its leadership in the industry. Major investors include Fidelity Management & Research Company, Valor Equity Partners, and Baillie Gifford. The funds will be used to expand operations in the U.S

Company Information

Company

Zipline International

Location

South San Francisco, California, United States

About

Zipline was founded to create the first logistics system that serves all humans equally. Our aim is to solve the world’s most urgent and complex access challenges. Leveraging expertise in robotics and autonomy, Zipline designs, manufactures and operates the world’s largest automated delivery system. Zipline serves tens of millions of people around the world and is making good on the promise of building an equitable and more resilient global supply chain.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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