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Revel Secures $150M Funding to Revolutionize Hardware Testing

2/26/2026

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Story summary
  • Revel announced a $150 million Series B funding round led by Index Ventures, valuing the company at over $1 billion.
  • Revel is a 16-month-old startup founded by a former SpaceX engineer.
  • Revel aims to enhance testing for complex hardware, including rocket engines and nuclear reactors.
  • The platform reduced engine test-stand setup times, enabling faster testing cycles.
  • The funding will scale the team and expand capabilities across aerospace, energy, and manufacturing.