AI Hardware Startup Nominal Achieves $3B Valuation in 8 Months

AI hardware startup Nominal secured a $240 million Series C round at a $3 billion valuation, tripling its value in eight months. The funding, led by Lightspeed Venture Partners and Insight Partners, follows a prior $155 million Series B extension and includes government contracts with the U.S. Air Force.

Nominal, a startup that offers an AI platform for hardware engineering and claims Anduril as a major customer, has raised another big round of financing that triples its valuation.

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