PANews
PANews|Nov 05, 2026 17:55
[Drone Delivery Company Zipline Valued at $21.5 Billion, Paradigm and Others Lead Funding Round] According to Bloomberg, drone delivery company Zipline has completed a new $1.5 billion funding round, valuing the company at $21.5 billion post-money, approximately 2.8 times its $7.6 billion valuation in January of this year. The round was led by Paradigm, WCM Investment Management, and Layer Global, with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, JPMorgan Chase, ARK Invest, and Salesforce Ventures. The funds will be used for domestic manufacturing and hiring in the United States.
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