Reliable Robotics raises $115M at $1B-plus valuation

Reliable Robotics, based in Mountain View, raised $115 million to extend its later-stage Series D funding, valuing the company above $1 billion. The mix was $90 million in company shares led by Nimble Partners and $25 million in loans from Silicon Valley Bank. Total Series D now stands at $275 million, with $380 million raised overall.