Keep pulling the thread on Cameron McCord & Trae Stephens.
Nominal has raised a new $80 million funding round led by Founders Fund.
Nominal is currently working with four of the five largest traditional defense prime contractors.
Major test campaigns at large defense prime contractors can cost as much as $3 million per day.
Nominal's platform has enabled customers to reduce the duration of major test campaigns by 50% to 60%.
Nominal's long-term vision is to enable a single engineer to test and validate up to 50 hardware systems simultaneously using agentic workflows and parallelization.
The current administration appointed Emil Michael, former COO of Uber, as the Under Secretary of Defense for Research and Engineering.
Nominal plans to invest between $80 million and $100 million in software product R&D during 2026.
Nominal plans to grow its headcount from its current size of approximately 125 to around 220-230 employees this year.
Nominal raised a $75 million Series B funding round approximately 10 months prior to its latest financing.
Founders Fund preemptively offered to lead Nominal's latest financing round over the December holidays.
Nominal experienced a breakout year in terms of growth and momentum in 2025.
Founders Fund has incubated multiple companies in the industrial sector that are now customers of Nominal.