Nominal raises $240M at $3B, tripling its value since March (opens thenextweb.com)
Lightspeed led and Insight co-led; TechCrunch notes Nominal claims Anduril as a major customer and that the valuation tripled in eight months.
Context: Nominal sells an AI platform for hardware engineering and names Anduril as a major customer; the round triples its valuation to $3B in 8 months.
From TechCrunch: Nominal, a startup that offers an AI platform for hardware engineering and claims Anduril as a major customer, has raised another big round of financing that triples its valuation.
NominalAs stated by TechCrunch.
Lightspeed led and Insight co-led; TechCrunch notes Nominal claims Anduril as a major customer and that the valuation tripled in eight months.
US commercial revenue rose 148% to $984M and topped US government revenue ($953M) for the first time.
Rune's AI software helps the military plan supplies near the front line; it joins Missionforce, the defence business Salesforce launched a year ago.
The AI logistics startup would bolster Salesforce's Missionforce defense platform.
Rune makes AI military logistics software and had raised $30M from a16z and others; TechCrunch says it will join Salesforce's Missionforce defense platform.
Path automates industrial welding; Georgian led, joined by a consortium including Yamaha Motor's venture arm.