"Zipline, a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion, as it expands commercial deployments. The firm's fundraising round included backing from Valor Equity Partners and participation from investors such as Tiger Global, Fidelity Management and Research Company and Baillie Gifford. The new valuation, compared with a 2024 fundraising round at $5 billion, is a sign of confidence in the startup's ability to scale and commercialize its operations."
"South San Francisco, California-based Zipline calls itself the world's largest autonomous delivery service, operating in seven countries. Founded in 2014, it started operations in 2016 delivering blood and medical supplies in Rwanda and has since expanded into food delivery, retail and consumer goods. The firm has US home delivery partnerships with Walmart Inc. and restaurants such as Chipotle Mexican Grill Inc., which launched a limited drone burrito delivery in the Dallas area in 2025."
"Zipline said it has now completed more than 2 million commercial deliveries of 20 million different items, spanning 125 million miles. The startup said it will use the new funding to support expansion and growth in the US and to new areas. The US drone delivery market is getting more crowded with retailers and tech groups testing different models. Walmart has worked with multiple partners including Zipline, Alphabet Inc.'s Wing, DroneUp and Flytrex."
Zipline raised more than $600 million, lifting its valuation to $7.6 billion and signaling investor confidence after a $5 billion valuation in 2024. Valor Equity Partners led the round with participation from Tiger Global, Fidelity and Baillie Gifford. Zipline operates across seven countries and began delivering blood and medical supplies in Rwanda in 2016, later expanding into food delivery, retail and consumer goods with US partnerships including Walmart and a Chipotle pilot. The company has completed over 2 million commercial deliveries of 20 million items across 125 million miles. The funding will support U.S. expansion and entry into new markets amid a crowded drone-delivery field.
Read at The Mercury News
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