Zipline raises $1.5B at $21.5B valuation to build nationwide drone delivery network
emmanuelvivier · x · 2026-11-09
Drone delivery company Zipline raised $1.5 billion at a $21.5 billion post-money valuation, led by Paradigm, WCM Investment Management and Layer Global, with participation from Valor, Fidelity, Uber, Tiger Global, J.P. Morgan, ARK Invest and Salesforce Ventures.
- The capital expands U.S. manufacturing and hiring as it builds a nationwide drone delivery network.
- It is adding 300 sites with Walmart, and Uber targets one million daily deliveries via Zipline by 2029.
- Long-tenured restaurant partners saw Zipline's share of delivery revenue rise from 10.8% in March to 34.9% in October, with delivery GMV up 26% and orders incremental.
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