Zipline raises $1.5B at $21.5B valuation for drone delivery expansion
Keller Rinaudo Cliffton's Zipline raised $1.5B led by Paradigm, WCM and Layer Global as Zipline and Walmart work to launch 300 additional planned delivery sites.
By RuntimeWire Staff · Published
Primary source: Bloomberg Technology
Why it matters
Zipline's valuation nearly tripled in ten months. Walmart's 300 additional planned sites and Uber's 2029 target give Zipline distribution as it seeks to build a national delivery network. Walmart also works with Wing, and Amazon is promising nearly 500 Prime Air cities. Zipline plans to use the $1.5B to expand manufacturing and hiring.
Zipline, co-founded and led by Keller Rinaudo Cliffton, announced a $1.5 billion round at a $21.5 billion post-money valuation on November 5th, 2026.…
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