Zipline Raises $1.5 Billion at $21.5 Billion Valuation

Nov 5, 2026
Zipline raised $1.5 billion to expand its drone delivery network and manufacturing capacity in the United States. Walmart will add 300 Zipline delivery sites under a multiyear agreement.

Zipline raised $1.5 billion at a $21.5 billion valuation, reports TechStartups. Paradigm, WCM Investment Management and Layer Global led the round, with participation from Uber, Tiger Global, J.P. Morgan, Fidelity, Valor Equity Partners, ARK Invest and Salesforce Ventures.

The financing follows a funding round of more than $600 million at a $7.6 billion valuation in January. Zipline plans to expand manufacturing capacity in the United States, hire more employees and grow its delivery network.

Walmart will add 300 Zipline delivery sites under a multiyear agreement. Customers at eligible locations can order groceries and other products through Walmart's app or website for delivery in as little as 30 minutes.

Zipline's drones remain about 330 feet above the ground and lower delivery pods on a tether. The company said it completed more than one million deliveries in the Dallas Fort Worth area during 2026.

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