Zipline charts drone delivery expansion with $600M in new funding | TechCrunch
Briefly

Zipline charts drone delivery expansion with $600M in new funding | TechCrunch
"Founded in 2014, Zipline developed its own drone delivery ecosystem, including the logistics software, launch and landing systems, and the aircraft. The company got its commercial start in 2016 using its autonomous drones to deliver blood in Rwanda. Today, Zipline's drones deliver food, retail, agriculture, and health products in five African countries, several cities in the United States, and Japan."
"Last year, Zipline launched a home delivery service in the U.S. that lets customers order food and retail goods via an app. The home delivery service uses Zipline's Platform 2 drones, which are designed to carry up to eight pounds and travel to customers within a 10-mile radius. It's Platform 1 drones are larger used for long-range deliveries for enterprise, business and government that can cover 120 miles roundtrip."
Zipline raised $600 million at a $7.6 billion valuation to expand U.S. operations, including planned launches in Houston and Phoenix and entry into at least four states by 2026. Major investors in the round include Fidelity, Baillie Gifford, Valor Equity Partners and Tiger Global. Zipline built an end-to-end drone delivery system encompassing logistics software, launch and landing systems, and aircraft. Commercial operations began in 2016 with blood deliveries in Rwanda; current services cover five African countries, parts of the United States, and Japan. Platform 2 handles up to eight-pound, 10-mile home deliveries, while larger Platform 1 supports 120-mile enterprise routes. U.S. deliveries surpassed two million with roughly 15% weekly growth.
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