Zipline has raised $1.5 billion at a $21.5 billion valuation
The round was 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. It will fund a nationwide drone delivery network. That means more U.S. manufacturing and more jobs.
Leaders at Fortune 100 companies and SMBs alike are seeing drone delivery as a strategic way to reach more customers and drive growth.
There’s a better, greener future on the horizon and we’re just starting to realize it.
Why this matters for talent
Zipline raised 1.5 billion dollars at a 21.5 billion dollar valuation, a major capital event for the drone delivery company. Zipline already lists 350 open roles on the board, and funding at this scale typically extends runway for continued hiring across flight operations, regulatory affairs, and manufacturing. This is one of the stronger funding signals in this week's roundup for talent considering the delivery drone space.
Read the original LinkedIn post. Curated by Larry Sherwood Jr. from company announcements; analysis above is my own.