Zipline is in discussions to secure $1 billion at a valuation of $20 billion.

Zipline, a drone delivery company, is seeking to raise about $1 billion in funding, potentially valuing the company at $20 billion—almost three times its last valuation of $7.6 billion from earlier in 2026. Paradigm, a current investor, is leading the discussions, with Tiger Global Management considering participation. Zipline has seen substantial growth, with over 2.5 million deliveries and major partnerships, including a collaboration with Uber targeting one million daily drone deliveries by 2029. The company also continues to expand its healthcare logistics efforts in Africa.