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Zipline snaps up another $200M to fuel its drone delivery expansion
TechCrunch· 2026-03-23 20:37
Core Insights - Zipline, a U.S. autonomous drone delivery startup, has raised an additional $200 million, bringing its Series H funding round total to $800 million, with a valuation of $7.6 billion [1][2]. Funding and Valuation - The recent funding round included participation from notable investors such as Paradigm, Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, and Tiger Global [2]. - The total valuation of Zipline is now $7.6 billion following this funding round [2]. Business Expansion - Zipline plans to accelerate its expansion into at least four U.S. states this year, with Houston, Phoenix, and Seattle identified as new markets [4]. - The company has experienced significant growth in its home delivery service, exceeding initial delivery volume forecasts [4]. Delivery Services and Technology - Zipline's delivery ecosystem includes various drone models, with the Platform 2 drones capable of carrying up to eight pounds within a 10-mile radius, while the larger Platform 1 drones can cover 120 miles round trip [7]. - The company has seen a more than 20% increase in the average order size from customers, prompting plans to double the number of brands available on its app [6]. International Operations - Zipline is also expanding its services internationally, having secured a new national scale contract in Rwanda to launch its Platform 2 drone delivery service in major cities [8]. - A third distribution center is being opened in Rwanda to enhance service to hospitals and health facilities across the country [8].