What happened
Nominal makes software that helps hardware teams test and analyse complex systems such as aircraft, satellites and robots. The company announced on Monday that it raised a $240M Series C round.
Valuation tripled
The round closed at a $3B valuation, three times the company's valuation in March. At that time, Nominal had raised $80M.
Who invested
Lightspeed Venture Partners led the round, with Insight Partners co-leading. The source text does not detail how the funding will be used.
Why it matters
As physical AI and robotics projects multiply, hardware testing and validation is becoming a critical bottleneck. Nominal tripling its valuation in a matter of months signals investor appetite for this layer of the stack.
