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SpaceX alum’s aviation startup, Reliable Robotics, lands $115M, topping $1B valuation

By Kirsten Korosec

Reliable Robotics extended its Series D round with $115 million in equity and $25 million in debt.

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Startup

A young company built to grow quickly, often around a new product or technology, usually funded by investors.

Startups create new jobs and industries, but most fail, which is why funding rounds are closely watched.

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