Zipline, which builds and operates autonomous drone-delivery networks for hospitals, governments, retailers and consumers, is in early discussions to raise approximately $1 billion at a roughly $20 billion valuation, Investing.com reported, citing Bloomberg’s account based on people familiar with the matter. Its service combines autonomous aircraft with fulfillment, inventory and airspace software.
The company offers one system for long-range institutional deliveries and another for urban and suburban trips to homes. In its home-delivery workflow, a business loads an order into a Zipline Dropbox, an autonomous aircraft collects it and a smaller delivery unit descends on a tether to place the package at its destination.
That makes Zipline an operated logistics network rather than an aircraft vendor alone. The company says each delivery also depends on inventory management, fulfillment, warehousing and airspace-deconfliction tools. It says the network serves more than 5,000 hospitals and health facilities; consumers in supported markets can use its app to order food, health products and retail goods.
The proposed financing is not closed. Investing.com said both the amount and valuation could change. In January, Zipline announced that it had raised more than $600 million at a $7.6 billion valuation and surpassed two million commercial deliveries; a roughly $20 billion mark would be about 2.6 times that valuation. The company said the January capital would support expansion into at least four additional states in 2026.
In August, Zipline announced an Uber partnership and an investment of undisclosed size. The companies plan to introduce Zipline delivery through Uber Eats in existing Zipline markets and target one million deliveries a day. A new round would therefore arrive as Zipline connects its aircraft network to a large ordering channel; the operating test is how quickly planned launches and the Uber integration produce repeatable order volume across merchants.