On November 5, 2026, Zipline announced a $1.5 billion raise at a $21.5 billion post-money valuation, led by Paradigm, WCM Investment Management, and Layer Global with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, J.P. Morgan, ARK Invest, and Salesforce Ventures. Wilson Sonsini Goodrich & Rosati advised Zipline on the transaction.

Zipline will use the capital to expand its U.S. manufacturing facilities and ramp hiring as it builds a nationwide drone delivery network.

The Wilson Sonsini team that advised Zipline on the transaction includes David Wickwire, Jeana Kim, Kiri Yoshimura, Ashley Peterson Clay, Kimberley Biagioli, and Carson Thiel.

For more information, please see Zipline's news release. Additional coverage can be found on The Wall Street Journal, Reuters, and TechCrunch.