Reliable Robotics raises $115 million and passes $1 billion valuation

The financing extends Reliable Robotics’ Series D round and includes an additional $25 million in debt, according to TechCrunch. The Next Web reports that the California startup develops systems enabling existing aircraft to taxi, take off, fly and land autonomously, rather than requiring aircraft built specifically for autonomous flight.

• Reliable Robotics is opening an engineering hub in Bothell, according to GeekWire.

Covered by 3 publishers within 7 hours of the first report.

• TechCrunch: SpaceX alum’s aviation startup, Reliable Robotics, lands $115M, topping $1B valuation

Reporting3

TC TechCrunch SpaceX alum’s aviation startup lands $115M, topping $1B valuation · Kirsten Korosec 9:17 AM

GW GeekWire Autonomous flight startup Reliable Robotics opens Seattle area radar hub as valuation tops $1 billion · John Cook 1:51 PM

TNW The Next Web Reliable Robotics tops a $1bn valuation with $115M for self-flying planes · Cristian Dina 4:13 PM

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