Browsing: Nominal

Artificial intelligence-powered hardware-testing and engineering software startup Nominal Inc. today announced it has raised $240 million in new funding led by Lightspeed Venture Partners and Insight Partners.

AI hardware engineering platform Nominal just closed a funding round that rockets its valuation to $3 billion – a stunning triple from eight months ago. The startup, which counts defense tech giant Anduril among its major customers, is riding the wave of AI infrastructure investment that’s reshaping how hardware gets built. The deal marks one…

Nominal, a four-year-old, Austin-based startup that offers an AI platform purpose-built for engineering and testing complex hardware, like aircraft, nuclear reactors, and smart factories, has raised another big round of financing that triples its valuation. On Monday, it announced a $240 million Series C at a $3 billion valuation led by Lightspeed Venture Partners and…