Zipline Gets $250M to Take Off in New Locations

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Drone deliveries to date have mostly been demonstrations of short flights bringing medicine to isolated areas. Zipline Inc. plans to “serve all humans equally,” according to CEO Keller Rinaudo. With its latest $250 million, the San Francisco firm is now worth $2.75 billion and plans to expand its service and further develop its fixed-wing platform.

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1. ZongMu Raises Series D for Autonomous Parking

Shanghai-based ZongMu Technology Co., which is working on advanced driver-assistance systems (ADAS), wireless vehicle charging, and self-parking capabilities, raised $190 million in June 2021. The company is reportedly worth $11 billion, which is…

2. Zipline Gets $250M to Take Off in New Locations

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