What does Nominal do?
Nominal provides a unified, real-time test stack that integrates telemetry capture, automated hardware-in-the-loop tests, and live system monitoring in a secure environment. Its production products are used in industries such as aerospace, defense, energy, and advanced manufacturing.
How much did they raise?
The company raised $75M in Series B funding, with the round led by Sequoia Capital and participation from Lightspeed Venture Partners, Lux Capital, General Catalyst, Founders Fund, among others.
What are their plans for the money?
Nominal plans to use the funds to expand its operations and development efforts, potentially enhancing the platform's capabilities and its ability to serve industries that rely on critical hardware performance.
What have they achieved so far?
The platform is already in use by leading organizations, including Anduril Industries, Shield AI, and the U.S. Air Force, helping them analyze hardware data, surface anomalies, and maintain mission readiness.