Post by Gaingels
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Reliable Robotics Corporation has raised over $160 million in a new funding round to accelerate deployment of the Reliable Autonomy System (RAS). The financing was led by Nimble Partners, LLC, with participation from us at Gaingels alongside Eclipse, Lightspeed, Island Green Capital, AE Ventures and others. As Co-Founder and CEO Robert Rose shared on his LinkedIn: “We are gearing up for a big year of contract delivery with the US Air Force to apply autonomy to the contested logistics challenge, and deliver the FAA and DOT's eIPP program with the City of Albuquerque to kickstart autonomous regional air cargo for the nation.” Rose also noted that the company is “working hard to demonstrate the safety and compliance of the Reliable Autonomy System to the FAA, and we’re nearing certification”. He added that Reliable Robotics Corporation is seeing signals from both commercial and military markets, with plans to use the funds to grow its team and scale production. Congratulations to Robert Rose, co-founder Juerg Frefel, and the entire Reliable Robotics Corporation team on this milestone! #ReliableRobotics #Aviation #DeepTech #PortfolioNews #Gaingels
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