Zipline Raises $1.5B at $21.5B Valuation to Expand Autonomous Drone Delivery

The funding will support the company's US manufacturing expansion and workforce growth nationwide.

San Francisco-based autonomous logistics and delivery company Zipline has raised $1.5 billion at a $21.5 billion post-money valuation in a funding round led by Paradigm, WCM Investment Management and Layer Global. The funding will support the company's US manufacturing expansion and workforce growth nationwide.

Valor Equity Partners, Fidelity Management and Research Company, Tiger Global, Salesforce Ventures, Uber, ARK Invest and J.P. Morgan also participated in the round.

Zipline operates an autonomous drone delivery service across multiple sectors, including healthcare. Its drones transport blood, vaccines and other medical supplies to health facilities, as well as deliver medications directly to patients' homes.

"Zipline is now one of the largest autonomous robotics companies in the world – operating with scale, safety, and a magical user experience for consumers and merchants," said Matt Huang, cofounder and managing partner of Paradigm. "It's no wonder that some of the largest merchants in the world are partnering with Zipline to use their delivery network."

Global Healthcare Delivery Expansion

Earlier this year, Zipline signed an eight-year agreement with Côte d’Ivoire to expand its drone delivery network from one distribution hub in Daloa to 10. The company expects the expanded network to cover 2,200 health facilities and reach 12 million people. Zipline first launched operations in the country in 2023.

Rwanda also signed an expansion agreement with Zipline to establish a nationwide delivery network, introduce urban drone delivery and set up an autonomous delivery testing center.

These agreements followed Zipline's 2025 announcement that it had been awarded up to $150 million by the US State Department to expand access to blood, vaccines and medicines across Côte d’Ivoire, Ghana, Kenya, Nigeria and Rwanda.

In the US, Zipline launched home prescription delivery services this year in partnership with Cleveland Clinic. The service enables eligible prescriptions to be delivered within five miles of the health system's Beachwood campus, with delivery tracking available through MyChart.

Last year, Ghana engaged Zipline to help maintain access to essential health supplies amid disruptions to the USAID supply chain. The country's president had highlighted an estimated $78 million shortfall in health programs following the shutdown of USAID and broader US aid cutbacks, raising concerns about the delivery of medicines related to maternal care, nutrition and HIV/AIDS.

Zipline has also partnered with Mayo Clinic facilities in Jacksonville, Florida, and Rochester, Minnesota, to deliver supplies to patients enrolled in hospital-at-home programs. Its partnership with the Elton John AIDS Foundation focuses on delivering HIV prevention and treatment services to young people in Nigeria.

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