Zipline, the world’s only drone delivery service operating at scale, has raised $250m and more than doubled its valuation to $2.75bn as it seeks to keep up with demand unleashed during the pandemic.
Founded in 2014, the California-headquartered start-up has made its name in Africa by supplying hospitals with blood, medicine and vaccines, completing more than 150,000 missions in the past five years.
Now it is in the process of expanding its operations in the US, with partners such as Walmart, Pfizer and Novant Health, and in Japan at the urging of Toyota, one of its investors.
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