The GV-backed drone developer, which focuses on the delivery of drugs to remote places, has closed a $25m series B round.
Zipline, the US-based drone maker backed by internet conglomerate Alphabet’s early-stage investment arm, GV, has closed a $25m series B round, VentureBeat reported yesterday.
The round was led by venture capital firm Visionnaire Ventures and included fellow VC firms Andreessen Horowitz and Sequoia Capital.
Founded in 2011, Zipline produces autonomous drones that deliver drugs, vaccines and blood on demand to health professionals in remote areas.
The company formed a partnership with the government of Rwanda last month that will involve…