Nominal has raised $240 million in Series C funding for its AI platform for hardware engineering. The round values it at $3 billion, with funding intended for more AI agents and expansion into new industries and regions.
Lightspeed Venture Partners led Nominal’s funding round, with Insight Partners as co-lead. The Austin-based startup builds software for engineering and testing complex hardware, including smart factories.
Its platform links hardware test results to engineering information, including configurations and past experiments. Nominal Analyst, its first AI agent, analyses that data and traces answers back to evidence. That gives engineers a way to inspect the basis of its findings.
Nominal plans to develop agents and applications spanning requirements checks, planning, scheduling and fleet health. Its acquisitions include Fid Labs, with a team developing AI agents, and Pull Systems, which extends Nominal’s reach into the car industry. For hardware businesses, the planned expansion would extend its tools across more stages of a machine’s life.
The funding commits substantial capital to applying AI to hardware engineering rather than general-purpose office tasks.
Evidence-linked answers give engineering teams a way to check AI analysis against their test data.
Completed acquisitions make expansion into new industries more concrete than a product roadmap alone.
Written automatically by the Made in 10 Newsroom from the source above.
Anthropic has released Claude Fable 5.2 and Claude Mythos 5.2, its latest frontier AI models. The company says they generate outputs 30% faster and cost 20% less than the 5.1 generation.
Nvidia has unveiled GR00T 2, an open AI model for teaching robots precise hand movements using human video. Nvidia is making 100,000 hours of first-person video used in training available for anyone to use.
Meta Platforms is expanding AI age estimation worldwide to place more Instagram users in protected Teen Accounts. The checks can apply even when users have supplied birth dates showing they are adults.