Zipline hits $21.5B valuation as Walmart expands bet on drone delivery
Zipline, a drone delivery company, has secured $1.5 billion in new funding, bringing its valuation to $21.5 billion. The funding round coincides with an expanded partnership with Walmart, deepening the retailer's investment in drone-based delivery infrastructure. This represents a significant milestone for the autonomous delivery sector.
Key points
- Zipline raised $1.5B, hitting $21.5B valuation
- Expanded partnership with Walmart announced
- Focus on drone delivery infrastructure expansion
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