Toyota Tsusho announces investment in Zipline
Toyota Tsusho announced its investment in Zipline, following the investment made in June 2018.
Evidence notes
- Toyota Tsusho participated in Zipline's June 2018 Series C and became its first corporate investor.
- The companies formed a business tie-up covering drone-logistics technology development and operational support.
- At announcement, Zipline had completed more than 13,000 deliveries and served Rwanda and Ghana.
Company context
Major trading company with logistics and healthcare delivery programs including Zipline-powered networks in Japan.