Home Business Drone delivery startup Zipline raises $250 million in new funding

Drone delivery startup Zipline raises $250 million in new funding

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Kenyan Wall Street | by Eunniah Mbabazi


Drone delivery startup, Zipline, has raised $250 million in new funding, raising its valuation to $2.75 billion. Investors who took part in this round of funding include Baillie Gifford, Temasek and Katalyst Ventures, Fidelity, Intercorp, Emerging Capital Partners, and Reinvest Capital.

According to the firm, they will use the funding to further expand their logistics networks in Africa and…

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