Fenwick Represents Reliable Robotics in $160M Series D Funding

Fenwick represented Reliable Robotics, a leader in autonomous aircraft systems, in its $160 million Series D funding. The round was led by Nimble Ventures, with continued support from Eclipse, Lightspeed, Coatue and Pathbreaker Ventures. New investors include Island Green Capital, Socium Ventures (Cox Enterprises), AE Ventures (a strategic partner of the Boeing Company), RTX Ventures, Presidio Ventures (Sumitomo Corporation), UP.Partners, KAS Venture Partners, What If Ventures, Calm Ventures, Gaingels and Mana Ventures.

Reliable Robotics will use the funds to accelerate deployment and scale production of the Reliable Autonomy System – the first Federal Aviation Administration certifiable system enabling fully automated operation of an aircraft. More information can be obtained from the company announcement.

The Fenwick corporate team was led by corporate partners Steve Levine and Will Black and included associates John Clancy and Abhi Bukkapatnam.