Surging Zipline activity and reputation lift valuation to $4.2 billion
Leading instant logistics specialist Zipline isn’t just turning heads with its increasingly innovative drone delivery activity around the globe, but it is now also causing jaws to drop with fundraising effectiveness that has reportedly almost doubled its valuation to $4.2 billion.
News of its considerably enhanced financial stature in many ways mirror’s Zipline’s surging reputation as the reference for how drone delivery can be effectively operated in a range of geographical settings – and for diverse objectives in medical, humanitarian, and commercial missions. Investors, it now appears, have been watching that expanding activity and want a part of its future.
Late last month, Forbes revealed Zipline had completed a $300 million Series F funding round that increased its total financial backing to a lofty $821 million.
But Zipline’s ability to attract investors doesn’t end there. In its report, Forbes said the…