Zipline has raised $1.5 billion in new funding, pushing its valuation to $21.5 billion, while simultaneously expanding its drone delivery partnership with Walmart to add 300 new sites across the US. The round was led by Paradigm, WCM Investment Management, and Layer Global, with participation from major investors including Uber, Tiger Global, J.P. Morgan, ARK Invest, and Salesforce Ventures. Zipline plans to use the capital to expand US manufacturing and build a nationwide drone delivery network.
Background
Zipline, founded in 2014, pioneered autonomous drone delivery starting with medical supplies in Rwanda before expanding to US commercial operations in 2020. The drone delivery sector has seen growing investment as major retailers seek faster last-mile logistics solutions.
- Source
- TechCrunch
- Published
- Nov 5, 2026 at 11:40 PM
- Score
- 7.0 / 10