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Reliable Robotics secures $115 million in new capital, increasing its Series D round total to $275 million due to heightened investor demand.
Amount Raised
$115 Million
Round Type
Series D
Description
Reliable Robotics, a leader in autonomous aircraft systems, has announced raising $115 million in new capital. This is an upsize of their previously announced $160 million Series D round. The investment includes a $25 million term loan from Silicon Valley Bank. The funding pushes Reliable’s valuation over $1 billion.
Fundz sees it the moment Reliable Robotics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Reliable Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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