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Zipline valuation reaches $21.5 billion

Zipline raised $1.5 billion led by Paradigm and others, signing a multi-year deal with Walmart to open 300 new drone delivery sites across the United States.

Field
industry news
What they did
Zipline raised $1.5 billion and signed a new multi-year agreement with Walmart to add 300 drone delivery sites across the United States.
Why it matters
This expansion will allow Walmart to significantly increase its logistics capabilities by using autonomous drones for nationwide deliveries.
#zipline#walmart#drone delivery#valuation#funding

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