Coatue Management led a $100m Series C funding round in Reliable Robotics.

Coatue Management, a global investment manager, led a $100m Series C funding round in Reliable Robotics, a provider of advanced aircraft automation service. Additional investors include Lightspeed Venture Partners, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures. “We believe Reliable Robotics is a leader in aircraft automation for commercial aviation. We were impressed by the team's clear vision, measured certification progress and track record of industry achievement. We are proud and excited to support Reliable’s goal to be the first to deliver FAA-certified, remotely piloted systems to market," Jaimin Rangwalla, Coatue Senior Managing Director.