Tech Company Financing Transactions

Reliable Robotics Funding Round

Eclipse Ventures, Lightspeed Venture Partners and Pathbreaker Ventures participated in a $33.5 million Series B funding round for Reliable Robotics. The round was announced on 8/31/2020.

Transaction Overview

Company Name
Announced On
8/31/2020
Transaction Type
Venture Equity
Amount
$33,500,000
Round
Series B
Investors

Eclipse Ventures (Lead Investor) (Gregory Reichow )

Lightspeed Venture Partners (Lead Investor)

Pathbreaker Ventures (Lead Investor)

Teamworthy Ventures

Proceeds Purpose
The funding is being used to build components of the remote hardware and software needed to retrofit aircraft and to continue hiring top aerospace and engineering talent.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
950 N Rengstorff Ave.
Mountain View, CA 94043
USA
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
Reliable Robotics LinkedIn Company Profile
Social Media
Reliable Robotics Company Twitter Account
Company News
Reliable Robotics News
Facebook
Reliable Robotics on Facebook
YouTube
Reliable Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Rose
  Robert Rose LinkedIn Profile  Robert Rose Twitter Account  Robert Rose News  Robert Rose on Facebook
VP - Engineering
Juerg Frefel
  Juerg Frefel LinkedIn Profile  Juerg Frefel Twitter Account  Juerg Frefel News  Juerg Frefel on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/31/2020: Phosplatin Therapeutics venture capital transaction
Next: 8/31/2020: Emme Health venture capital transaction

 

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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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