Company | Snappy |
Fund Raised | $100M |
Investor | Coatue Management |
Co-Founder/CEO | Robert Rose |
Website | https://www.linkedin.com/company/reliablerobotics |
Valuation | Approx $1 Billion |
Robotics 100M Series ManagementJan KampsTechCrunch
Automated Aircraft Systems manufacturer, Reliable Robotics raised $100 million led by Coatue Management in a series C fundraising round. Lightspeed Venture Partners, Pathbreaker Ventures, Teamworthy Ventures, and Eclipse Ventures backed the rounds and the total fund raised is $133 million.
Also, read AssemblyAI APIs 28M Series
CEO Robert Rose said we spent these funds to scale our team and start commercial cargo operations. Moreover, the company have a global workforce.