Zipline, the world's largest autonomous delivery service, has raised over $600 million in new funding, nearly doubling its valuation to $7.6 billion. The round was backed by Fidelity Management, Baillie Gifford, Valor Equity Partners, and Tiger Global.
The San Francisco-based company will use the capital to expand operations to Houston, Phoenix, and at least two additional U.S. states in 2026. Zipline has now surpassed 2 million commercial deliveries—more than all competitors combined—flying over 125 million autonomous miles without a serious injury.
Founded in 2014, Zipline began delivering blood and medical supplies in Rwanda in 2016 and now operates in seven countries. U.S. deliveries have grown roughly 15% week-over-week for the past seven months, signaling strong commercial momentum as the company competes with Alphabet's Wing and Amazon Prime Air.