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Drone Startup Zipline in Talks on About $1 Billion Raise at $20 Billion Valuation

Source: Bloomberg

Private Markets & VentureTransportation & Logistics

Zipline is in talks to raise about $1 billion in a funding round at an approximately $20 billion valuation, nearly triple its prior valuation. The prospective financing signals strong private-market investor interest in the drone delivery and logistics company, though the transaction remains under discussion.

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