Key Takeaways
- Zipline raises $600 million from private investors.
- Funding sets valuation at $7.6 billion.
- Expansion into at least four US states planned.
- Median delivery time in the US is about 3 minutes.
Zipline, the world’s largest drone delivery firm by some metrics, has raised $600 million from private investors to fuel its US expansion. The company plans to deploy its services in at least four states, with Houston and Phoenix being the next focus cities. With a valuation of $7.6 billion, Zipline aims to make autonomous logistics an everyday staple in several US states by 2026.