Reliable Robotics: $160 Million Raised To Scale Autonomous Aircraft Systems
By Amit Chowdhry ● Yesterday at 5:14 PM
Reliable Robotics announced it has raised $160 million in new funding to accelerate deployment and scale production of its Reliable Autonomy System, the first Federal Aviation Administration certifiable system designed to enable fully automated aircraft operations. The financing round was led by Nimble Partners, with continued backing from Eclipse, Lightspeed, Coatue, and Pathbreaker Ventures. New investors include Island Green Capital, Socium Ventures, AE Ventures, RTX Ventures, Presidio Ventures, UP.Partners, KAS Venture Partners, What If Ventures, Calm Ventures, Gaingels, and Mana Ventures.