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The new financing will enable Zipline to continue advancing its integrated service, including its autonomy platform, aircraft, fulfillment systems, and operations.

Zipline raises $250 mn to speed up its logistics services

Our Correspondent30 Jun 2021 9:21 PM GMT

Zipline has announced $250 million in new funding, bringing the company’s valuation to $2.75 billion.

The consortium, which also includes Bollore Africa Logistics and Nippon Yusen Kaisha, will develop and operate a 600-metre quay and a new 21.2-hectare terminal for the import, export, and transshipment of vehicles.

Toyota Tsusho to build Egyptian vehicle terminal at East Port Said

Our Correspondent6 Jan 2020 12:49 PM GMT

A consortium led by Toyota Tsusho Corp, a unit of Japan's Toyota Group, signed a deal to set up and operate a roll-on, roll-off vehicle terminal at...