Zipline snaps up another $200M to fuel its drone delivery expansion

Zipline raised an additional $200 million, bringing its Series H round to $800 million at a $7.6 billion valuation, with participation from Paradigm, Fidelity, Baillie Gifford, and others. The funds will accelerate U.S. expansion into at least four new states, including Houston, Phoenix, and Seattle, as the company's home delivery service sees rapid growth in order volume and basket size.