The 13 Largest US Tech Startup Funding Rounds of June 2021 alleywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alleywatch.com Daily Mail and Mail on Sunday newspapers.
AlleyWatch
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 7/3/21 featuring funding details for ShipBob, LocoNav, Alto, and twenty-five other rounds that you need to know about.
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Zipline
Zipline designs, manufactures, and operates drones to deliver vital medical products to everyone, no matter where they live. Founded by Keenan Wyrobek, Keller Rinaudo, and Will Hetzler in 2014, Zipline is backed by investors that include Goldman Sachs, Techstars, Sequoia Capital, Andreessen Horowitz, and Felicis Ventures and is headquartered in Half Moon Bay.
FOUNDED:2014
FOUNDERS:Keenan Wyrobek, Keller Rinaudo, Will Hetzler
Walmart delivery drone launch site zooms into picture arkansasonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasonline.com Daily Mail and Mail on Sunday newspapers.
Drone delivery startup Zipline Inc. announced today that it has raised $250 million to expand its operations in Africa and the United States. The funding follows a surge in demand for Zipline’s services in Ghana and Rwanda, where it delivers medicine and other supplies to rural hospitals and clinics.
Photo: Zipline
As traditional supply chains broke down during the pandemic, many healthcare providers relied on the company’s drones to fill the gaps, according to Zipline co-founder and chief executive officer Keller Rinaudo. “Covid has significantly accelerated all of our timelines,” said Rinaudo. “As more and more health systems were betting on us, we were realizing that the opportunity is bigger and we need to be making big investments.”