Zipline raises $600M at $7.6B valuation to expand US drone delivery

Zipline, a drone delivery startup, raised $600 million in a funding round that values the company at $7.6 billion. The firm plans to use the capital to launch operations in Houston and Phoenix early this year as part of a broader expansion into four U.S. states. The investment follows the completion of two million total deliveries, with U.S. volume growing 15% week-over-week recently.