Zipline is in talks to raise $1 billion, at a valuation tripled to $20 billion

The autonomous drone delivery specialist has surpassed 2 million commercial deliveries and is reported to have seen its valuation rise from 7.6 to around 20 billion dollars in eight months.

Zipline is negotiating a raise of about $1 billion that would value the company around $20 billion, compared to $7.6 billion in its last confirmed tour. The H-series had totaled 800 million in two tranches: 600 million in January 2026 led by Valor Equity Partners, then an extension of 200 million in March. Paradigm, already an investor, would discuss the conduct of the new round, with Tiger Global Management among the envisaged participants. Discussions remain at an early stage: up as value can still move.

The company relies on a rare volume of business in the sector: more than 2 million commercial deliveries made, and a weekly growth of 15% of volumes in the United States. Founded in 2014 to deliver medical supplies to isolated clinics in Rwanda and Ghana, Zipline has moved to retail, quick-trade and catering, with a Uber Eats partnership planned by the end of 2026. Two platforms coexist: one for long-distance logistics, the other for short-distance home delivery.

On the horizon, a capacity of 220,000 daily deliveries to Texas metropolises is mentioned, subject to ongoing exchanges with the FAA. In front of Wing, Alphabet's subsidiary, and Amazon's Prime Air, it is this actual delivery counter that distinguishes the company — and largely explains the valuation gap.