Drone Delivery Startup Zipline Hits $7.6 Billion Valuation (1)

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.

Zipline’s P2 drone platform is designed for shorter distance home deliveries that use a tether for precise, contactless drop-off.

Source: Zipline

“In the next five, 10 years, deliveries made by autonomous aircraft will become standard,” Antonio Gracias, ...