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Drone delivery firm Zipline raised $1.5bn at a $21.5bn valuation, nearly tripling its January figure of $7.6bn to $7.85bn. Walmart agreed to add 300 drone sites in the US, expanding from 21 locations. The company plans to hire staff and expand manufacturing near San Francisco International Airport to build a nationwide network.
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Summary by ByteBrief

Zipline Raises $1.5B in Drone Funding

Autonomous drone delivery startup Zipline raised $1.5B at a $21.5B valuation, up from $7.85B after raising $600M in January, and plans to grow US manufacturing (Kelly Cloonan/Wall Street Journal)
Traversal Raises $120M Series B at $1B