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Reliable Robotics adds $115M, Series D reaches $275M at $1B+ valuation

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Reliable Robotics added $115M to its Series D, bringing the round to $275M and valuing the Mountain View company above $1B. The raise combines $90M in equity led by Nimble Partners with a $25M term loan from Silicon Valley Bank. CEO Robert Rose said he expects FAA approval of the company's first autopilot product in 18 to 24 months.

AI-generated from reports · 1 hours agoUpdate

Latest updatesOct 21 14:00
Reliable Robotics raises $115M, lifting Series D to $275M at over $1B valuation

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Oct 21
  1. Tech Funding NewsTop Deals
    Reliable Robotics raises $115M, lifting Series D to $275M at over $1B valuation

    Reliable Robotics added $115M to its Series D, bringing the round to $275M and valuing the Mountain View company above $1B. The raise combines $90M in equity led by Nimble Partners with a $25M term loan from Silicon Valley Bank. CEO Robert Rose expects FAA approval of its first autopilot product in 18 to 24 months.

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