Tech Company Financing Transactions
Zipline Funding Round
Zipline, based in San Francisco, received $250 million in investment from Baillie Gifford, Emerging Ventures and Fidelity Management & Research Company.
Transaction Overview
Company Name
Announced On
7/1/2021
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new financing will enable Zipline to continue advancing its integrated service, including its autonomy platform, aircraft, fulfillment systems, and operations.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
151 10th St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
Zip is a small robot airplane designed for a high level of safety, using many of the same approaches as commercial airliners. It can carry vaccines, medicine, or blood. A fleet of Zips is able to provide for a population of millions. No roads, no problem.
Management Team
Browse more venture capital transactions:
Prev: 7/1/2021: Aliaswire venture capital transaction
Next: 7/1/2021: Buzzer venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs