Veytics Intelligence
2026-11-05 · Yahoo

Zipline Raises $1.5 Billion to Build Nationwide Drone Delivery Network

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Zipline International Inc SOUTH SAN FRANCISCO, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Zipline today announced a $1.5 billion raise at a $21.5 billion post-money valuation, led by Paradigm, WCM Investment Management, and Layer Global with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, J.P. Morgan, ARK Invest, and Salesforce Ventures. Zipline will use the capital to expand its U.S. manufacturing facilities and ramp hiring as it builds a nationwide drone delivery network. Demand for delivery has never been higher, but ground delivery is constrained by traffic, aging infrastructure, and rising costs. Roads can't keep up. The future of delivery is in the sky.

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