Reliable Robotics raises $115M, topping $1B valuation, as it pursues FAA certification of autonomous flight
Reliable Robotics, a Mountain View, California startup building autonomous flight systems for existing aircraft, raised $115 million as an extension of its Series D. The round comprises $90 million in equity led by Nimble Partners and $25 million in debt from Silicon Valley Bank. It brings the Series D to $275 million, lifts the valuation…