Zipline secures a $1.5 billion funding round, led by Paradigm, WCM Investment Management, and Layer Global, pushing its valuation to $21.5 billion. The company also expands its partnership with Walmart to add 300 drone delivery sites across the U.S., scaling from 21 active sites. Zipline plans to use the funds to expand U.S. manufacturing and hire more workers to build a nationwide drone delivery network. The startup, originally focused on medical deliveries in Africa, now operates in five African countries, multiple U.S. cities, and Japan, delivering food, retail, agricultural, and health products using autonomous drones.
Kalshi secures $1 billion in Series G funding, achieving a $40 billion post-money valuation. The NYC-based financial exchange and prediction market operator expands its capital base to fuel growth in decentralized financial markets. The funding round underscores investor confidence in Kalshi’s model for trading financial events and predictions.
