Reliable Robotics Secures Additional $115M, Totaling $275M in Series D Funding
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Reliable Robotics has successfully raised an additional $115 million, increasing its Series D funding to $275 million and elevating its valuation to over $1 billion. The company is focused on developing the Reliable Autonomy System for automated flight operations and is pursuing FAA certification for the Cessna 208B Grand Caravan.
This funding round, led by Nimble Partners with participation from several investors, will support the expansion of Reliable's aircraft fleet, production facilities, and engineering team. The company has now raised more than $380 million in total equity capital, reflecting strong investor interest and demand for its autonomous aviation solutions.
Looking ahead, Reliable Robotics aims to complete its FAA certification for the Reliable Autonomy System, which is designed for both commercial and military applications. The company has already conducted successful autonomous flights at Albuquerque International Sunport and is set to expand its operations with new offices in Seattle and San Diego. No further timeline was disclosed at the time of publication.
Original report
Reliable Robotics Raises Another $115M, Pushing Series D to $275M in Funding
AIInsider · Greg BockThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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