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Nominal Raises $1B, Expands Beyond Defense

Published 1 month ago
Description

Nominal, a three-and-a-half-year-old LA startup, raised $80M in Series B, led by Founders Fund, pushing valuation to $1B. The company, founded by former U.S. Navy officer Cameron McCord, creates software for hardware engineers. With defense contractors like Lockheed Martin, Raytheon, and Northrop Grumman on board, Nominal plans to expand into automotive and robotics, securing customers like Pratt Miller Motorsports and Antares.

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