GoKawiilNominal's valuation hits $3B after $240M Series C led by Lightspeed
Austin-based hardware-testing AI startup Nominal raised a $240 million Series C round at a $3 billion valuation, led by Lightspeed Venture Partners and co-led by Insight Partners. The deal triples the valuation Nominal reached just eight months earlier with a $155 million Series B extension at $1 billion, led by Founders Fund's Trae Stephens. The four-year-old company says it now serves 80 commercial and government customers, including Anduril, and recently won a $71.2 million Air Force STRATFI contract.