Reliable Robotics Closes $115 Million Series D Extension, Reaching $1 Billion Valuation as Autonomous Cargo Certification Nears
Reliable Robotics has extended its Series D fundraising with an additional $115 million in equity and $25 million in debt financing, bringing the round to $275 million total and valuing the autonomous aviation company at over $1 billion. The funding, led by returning investor Nimble Partners and joined by newcomers including Gideon Capital, RockCreak, and Geek Ventures, reflects surging investor confidence in the FAA certification pathway for pilotless cargo aircraft as the company prepares to launch commercial operations within months.
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