AI hardware startup Nominal triples valuation to $3B in eight months
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Austin-based Nominal, which builds an AI platform for engineering and testing complex hardware, announced a $240 million Series C at a $3 billion valuation on Monday, tripling its value since a March Series B extension at $1 billion led by Founders Fund’s Trae Stephens. Lightspeed Venture Partners led the round; Insight Partners co-led. Nominal lists 80 commercial and government customers, including Anduril, and in October won a $71.2 million Air Force STRATFI award.
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