Zipline has secured a major funding round and expanded its commercial partnership with Walmart, bringing the company's valuation to approximately $20 billion.
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Zipline has secured a major funding round and expanded its commercial partnership with Walmart, bringing the company's valuation to approximately $20 billion.
Drone delivery startup Zipline closed a $1 billion funding round, valuing the company at $20 billion, as it expands its commercial partnership with Walmart in the US. Zipline raised $1.5 billion and ramped up its partnership with Walmart.
Bloomberg reported the story as "Zipline Hits $20 Billion Valuation as Walmart Deal Expands." TechCrunch reported the story as "Zipline hits $21.5B valuation as Walmart expands bet on drone delivery."
2 sources have covered this story, including TechCrunch and Bloomberg. The earliest reporting in the cluster landed about 2 hours ago.
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[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.
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