Startups
Drone-delivery startup Zipline raises $1.5 billion
Its valuation has nearly tripled in about ten months, and Walmart is adding about 300 more drone-delivery locations.
In short
$21.5BZipline's new valuation
- $1.5 billion raised
- Valuation: $21.5 billion (from $7.6B earlier in 2026)
- ~300 new Walmart locations
What happened
Zipline, which delivers medicines and parcels by drone, raised $1.5 billion at a valuation of $21.5 billion. Paradigm, WCM Investment Management and Layer Global led the round, with Uber, Tiger Global, Fidelity, JPMorgan, ARK Invest and Salesforce Ventures also joining.
It also signed a multi-year deal with Walmart covering about 300 more delivery locations.
Why it matters
Earlier this year Zipline was valued at $7.6 billion. Investors are now betting that drone delivery moves from pilot projects to everyday shopping. Zipline started by flying blood and medicines in Africa, and has made nearly 3 million deliveries so far.
