Fuel

Reliable Robotics takes on board $100 million C round

October 19, 2021

Mike Rose, CEO

Our brilliant clients continue to pursue visionary breakthroughs — and attract the attention of savvy investors. Reliable Robotics has raised $100 million through a C round led by New York’s Coatue Management, investors in Rivian and Lime.

Based in Mountain View, Reliable is working to operate remote-controlled, fixed-wing airplanes that ferry cargo loads and, eventually, human passengers. We’ve had the privilege of supporting CEO Robert Rose and the Reliable team with business guidance and finance and accounting services since their launch four years ago.