Zipline in talks to raise $1B at $20B valuation as drone delivery firm eyes massive growth

Zipline is currently in talks to raise $1 billion in new funding at a valuation of approximately $20 billion. This potential round would more than double its previous $7.6 billion valuation. The drone delivery startup, which transports medical supplies and meals, recently partnered with Uber to expand U.S. operations. Investors are increasingly optimistic as drone delivery costs decrease, signaling renewed venture capitalist interest in the sector and the potential for massive growth in logistics.