Reliable Robotics raised $115 million and became a unicorn, advancing autonomous flight toward FAA certification
Reliable Robotics, a startup founded by SpaceX alumni, raised $115 million as an extension of its Series D round: $90 million in equity from Nimble Partners and $25 million in debt from Silicon Valley Bank. The company's valuation exceeded $1 billion, and the total round reached $275 million. The funds will go toward FAA certification of an autonomous flight system across four areas.
Bekzod Nazarov