zipline

According to Bloomberg, drone delivery company Zipline has completed a new round of financing of $1.5 billion, with a post-money valuation of $21.5 billion, approximately 2.8 times the valuation of $7.6 billion in January of this year. This round was led by Paradigm, WCM Investment Management, and Layer Global, with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, JPMorgan Chase, ARK Invest, Salesforce Ventures, and others. The funds will be used for domestic manufacturing and hiring in the United States.In addition, Walmart has signed a national multi-year agreement with Zipline to add 300 new drone delivery sites.

ChainCatcher news, Web3 infrastructure company ChainSafe has announced the launch of a new cross-chain security solution, the Zipline Casper prototype.It is reported that Zipline Casper is an Optimistic-based, trust-minimized, cross-chain block header oracle. It allows anyone to fetch block headers from chains using the Casper finality protocol (such as Ethereum/Gnosis) and submit them on another EVM chain, while ensuring that headers from the original chain that are not finalized will ultimately be rejected on the target chain.ChainSafe plans to have a simplified version of Zipline ready by the end of 2023, and also intends for it to be a core component of the upcoming Sygma cross-chain product.