You are reading one round. Fundz also knows which of your own LinkedIn connections can open this account.See it live →
Zipline is in talks to raise $1B at a $20B valuation, nearly tripling its previous valuation. Paradigm, an existing backer, is negotiating to lead the round.
PRIVATESep 17, 2026•about 3 hours ago
Amount Raised
$1 Billion
Round Type
Venture - Series Unknown
The United States
Investors
Tiger GlobalParadigm
Description
Zipline is negotiating a new funding round of roughly $1 billion at a valuation of about $20 billion. Paradigm is reportedly in discussions to lead the round, with Tiger Global considering joining. If successful, this funding would nearly triple Zipline's valuation from $7.6 billion after its previous Series H. The talks are still in early stages with potential changes to both amount and valuation.
Company Information
Company
Zipline
Location
The United States, Washington, United States
About
Zipline CEO Keller Rinaudo told TechCrunch that this was more by necessity than design, noting that when the company first started developing its drone tech, it quickly realized that off-the-shelf components weren’t reliable or didn’t integrate well. The company said it is planning to deliver 2.4 million doses of the COVID-19 vaccine by the end of the year. “Over time Zipline has had to basically rip every single thing out of the system, whether it was the flight computer [. . .] or the battery pack, or the aircraft itself. One advantage Zipline may have over competitors in the FAA’s certification process is that it has many thousands of hours of safe flight data to show that it’s system is sound. In the long run, Zipline may start to focus on other industries, but for now it’s laser focused on healthcare, Rinaudo said.
Don't miss Zipline's next move
Get an email the moment Zipline raises, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
Suggested for you
2 contacts
Verified contactsKeenan W., Zipline Founder, CTO and Product Archit… hidden hidden
The United States