Zipline, which delivers lifesaving medical supplies by drone, now valued at $1.2 billion

Zipline, which delivers lifesaving medical supplies by drone, now valued at $1.2 billion

Zipline, which ranked No. 39 on the 2019 CNBC Disruptor 50 list, has raised $190 million in venture funding and attained a $1.2 billion valuation from its investors. Its backers include Baillie Gifford, The Rise Fund (which is TPG’s global impact fund), Temasek, Alphabet’s investment arm GV and Katalyst Ventures. The funding brings Zipline’s total capital raised to $225 million.