Nominal raised a $240 million Series C at a $3 billion valuation after buying startups that add AI agents and expertise in diagnosing problems in cars already on the road. Lightspeed Venture Partners led the round, with Insight Partners co-leading, the company announced November 9.
Nominal sells software for hardware engineers who need to turn test measurements into decisions about a design. It organizes data from multiple sources and helps teams inspect trends, such as whether a component started running hotter after a design change.
The company raised $80 million at a $1 billion valuation on March 5, in a round led by Founders Fund. It announced its first acquisition, Fid Labs, on April 30, bringing in founder Adam Wolnikowski to lead AI product development.
In a February 11 case study, Nominal described Anduril specialists building reusable templates for flight-test checks, including battery discharge and motor performance. Other engineers could then run the checks without writing fresh analysis code. The case study reported more than 300 active users across Anduril programs.
On November 6, Nominal announced its purchase of Pull Systems, which it says developed its Workbench vehicle-data software with Porsche and other Volkswagen Group brands. Its users were teams monitoring quality and handling service problems after electric vehicles launched. Pull’s founders are now working on Nominal’s developer tools and Analyst agent.