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Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones

With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to be the leader in the game of drones.
The competition to be a leading vendor of delivery drone services is fierce, but Zipline has already built its billion-dollar business selling its hardware and services as a supplier of medical supplies across emerging markets. It may be among the most tested drone delivery services in the world.
Zipline said it will use the new funds to expand its medical supply delivery services across Africa, the Americas, South Asia, and Southeast Asia. The company said it aims to serve 700 million people with its drones within the next five years.
“There is a growing feeling around the world that technology is not benefitting the vast majority of people, said Zipline chief executive Keller Rinaudo in a statement. “The old conventional wisdom has been that building a successful technology company requires exploiting people’s personal information or hijacking their attention. Zipline wants to establish a new model for success in Silicon Valley by showing the world that the right technology company with the right mission and the best team can help improve the lives of every person on the planet.”
Zipline has done the bulk of its work in Africa. The company recently announced a national program in Ghana, which adds to its work with the Rwandan government — one of the company’s first customers.

Drone delivery startup Zipline launches UAV medical program in Ghana
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