Stanford-backed medical supplies delivery service Zipline has revealed two funding rounds totaling $190m, one of which is a $70m series C that included existing backer GV.
Zipline, a US-based medical product delivery provider backed by Stanford University’s endowment fund, has raised $190m in funding from investors including internet technology conglomerate Alphabet, CNBC reported on Friday.
The money was secured over two rounds, including a $70m series C round closed in spring 2018, and backed by Alphabet subsidiary GV, investment bank Goldman Sachs, Temasek, Katalyst Ventures and Baillie Gifford.
Baillie Gifford returned for a $120m series D that also featured The Rise Fund, an impact…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.