Tech Company Financing Transactions
Reliable Robotics Funding Round
Reliable Robotics, based in Mountain View, scored $100 million in investment from Coatue Management, Eclipse Ventures and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
10/18/2021
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Investors
Coatue Management (Lead Investor) (Jaimin Rangwalla)
Eclipse Ventures (Gregory Reichow )
Proceeds Purpose
The capital raised enables the company to scale its team to support its first aircraft certification program and expedite the launch of commercial cargo operations.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
950 N Rengstorff Ave.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Launched by SpaceX and Tesla veterans, Reliable Robotics is revolutionizing commercial aviation with its autonomous flight technology. The company's systems will enable a future where air transportation is safer, more convenient, more affordable, and transformative to the way goods, and eventually people, travel around the planet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Rose
VP - Engineering
Juerg Frefel
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We do our best to record every notable VC transaction. VC transactions reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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