Zipline International IPO

flyzipline.com | Electronics | Founded: 2011 | Funding to Date: $533,005,405

Zipline was founded in 2011 by Keller Rinaudo, William Hetzler, and Keenan Wyrobek. The company has not officially endorsed a plan to participate in an IPO.

Zipline offers medical device and supply delivery by drone. The company has raised over $300 million in Venture Capital funding from investors including Baillie Gifford, Katalyst Ventures, Temasek Holdings, Andreessen Horowitz, GV, Visionnaire Ventures, Lerer Hippeau, Sequoia Capital, SV Angel, Tuesday Capital, Sway Ventures, and Slow Ventures. Per investor press releases, Zipline last raised $190 million in May 2019 at a post-money valuation of $1.3 billion.

Date of Last Funding Round May 2019
Value at Last Round $1.28 B
Amount of Last Raise $120 MM
Total Funding to Date $233.35 MM

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NEWS

UAV Expert News

Walmart customers along the Arkansas and Missouri state line will soon be able to receive their e-commerce orders via drone delivery. The retailer and drone provider Zipline International have announced that a pilot program operating out of Walmart’s Pea Ridge, Arkansas, store will begin this summer. “This is going to be the beta test site."

Ghana Business News

Having done the test-flying of their drones, Zipline Ghana Limited will officially launch the entire programme to begin the service latest by the first week of May, Mr Daniel Marfo, Country Coordinator of Zipleline has announced. He said the test flying demonstrated to the workers how to make demands and how the essential drugs were …

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