The Rise Fund invested $50m in Zipline.

The Rise Fund, a global impact investment fund managed by TPG Growth, invested $50m in Zipline, the world’s leading provider of next-generation, precision drone delivery for healthcare services. “Zipline is not just a drone company, but rather a transformative technology business using next-generation logistical solutions to provide lifesaving services. We are thrilled to be partnering with Keller and his team as they bring vital healthcare provisioning to markets all over the world,” said Mike Stone, Chief Investment Officer of The Rise Fund. “Zipline is a compelling example of what we search for with The Rise Fund: companies helping to solve our world’s most complex societal problems.”