Drone company Zipline International delivers lifesaving medicines, vaccines and blood supplies in Rwanda, and in April it announced that it is expanding its operations to Ghana. Disruptor50
Headquarters: Half Moon Bay, CaliforniaKey technologies: Artificial intelligence, drones/UAVs, edge computing, machine learning, roboticsDrone company Zipline International is expanding in Africa and will soon be coming to the U.S. The firm delivers lifesaving medicines, vaccines and blood supplies in Rwanda, and in April it announced that it is expanding its operations to Ghana.
Here's how the company works: A doctor in a hospital or clinic in a remote area texts Zipline a list of what it needs. The products are stored at the company's distribution centers in that country and then packaged in a small red Zipline box. The box is attached to a small parachute, which the drone then gently drops at the hospital or clinic. In fact, the box floats so gently, the receiver stands below to catch it.
Zipline's goal, says co-founder and CEO Keller Rinaudo, is to put every person on Earth within a 15- to 30-minute delivery radius of any essential medical product they need, no matter where they live. Zipline's customers are governments, pharmaceutical companies and large logistics networks. In an interview in March, Rinaudo said that in June the company will begin servicing hospitals and health centers covering half the state of North Carolina, putting millions of residents within access of its service. Operating in the U.S.
So far, the company has raised $190 million in venture funding and attained a $1.2 billion valuation from its investors. Its backers include Baillie Gifford, The Rise Fund , Temasek, Alphabet's investment arm GV and Katalyst Ventures. The funding brings Zipline's total capital raised to $225 million.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meet the 2019 CNBC Disruptor 50 companiesThe No. 1 company on our Disruptor50 list this year is IndigoAg. The Boston-based agricultural technology start-up is creating seed treatments that optimize the health of a plant in order to increase its yield. See the full list here:
Read more »
2019 Disruptor 50: No. 20 YITU TechnologyYITU Technology is using artificial intelligence to build a safer and more intelligent world. Disruptor50
Read more »
2019 Disruptor 50: No. 4. GrabGrab is more than a ride-hailing app: It offers scooter rentals, prepaid cards for the unbanked, and food delivery. Disruptor50
Read more »
2019 Disruptor 50: No. 5 Rent the RunwayA Christian Siriano dress that sells for $1,200? Yours to rent for $150 from Rent the Runway. Disruptor50
Read more »
2019 Disruptor 50: No. 11 ConvoyBy using data-driven software to better match up shippers and truckers, Convoy is proving it can save time, money and CO2 output. Disruptor50
Read more »
2019 Disruptor 50: No. 17 PhononicPhononic is a semiconductor manufacturer that has developed new solid-state cooling and refrigeration technology that displaces compressors, heat sinks, and fans. Disruptor50
Read more »
2019 Disruptor 50: No. 7 AirbnbAs it manages through its second decade in business, Airbnb continues to expand the rest of its offerings. It boasts 6 million listings (castles and treehouses among them) in 81,000 cities across 191 countries. Disruptor50
Read more »
2019 Disruptor 50: No. 15 LanzaTechAs global energy demand grows from our increased population, so too does the level of CO2. LanzaTech has the carbon-capture solutions to address this dilemma. Disruptor50
Read more »
2019 Disruptor 50: No. 10 XiaohongshuChinese start-up Xiaohongshu — which translates to 'little red book' — has become China's leading social e-commerce platform for overseas luxury goods, primarily fashion and beauty products. Disruptor50
Read more »
2019 Disruptor 50: No. 9 PelotonFirst there was the bike, then the treadmill, and now Peloton is offering practically every other way to get your heart rate up. Disruptor50
Read more »
2019 Disruptor 50: No. 6 GoodRxGoodRx is leading the fight against high prescription drug costs. Disruptor50
Read more »