AI hardware startup Nominal triples valuation to $3B in 8 months (opens techcrunch.com)
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 The Next Web: German defence company Helsing has launched Clarity, a direct challenge to Palantir. The AI platform helps armed forces turn drone, satellite and sensor data into targets. Helsing says it builds the software in Europe, under European control.
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.
Lightspeed led and Insight co-led; TechCrunch notes Nominal claims Anduril as a major customer and that the valuation tripled in eight months.
Crunchbase's weekly roundup of the largest rounds; Shield AI's $2B led the week.
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.
Shyam Sankar told Ben Thompson that Palantir was caught in Anthropic's clash with the US Department of War and does not regret working with Anthropic.