Revel Raises $150M Series B to Modernize the Software Layer Behind Hardware Test and Control

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LOS ANGELES--(BUSINESS WIRE)--Feb 26, 2026--

Revel, a unified software platform for hardware test and control, today announced $150 million in Series B funding to accelerate its expansion across aerospace, defense, robotics, and industrial markets. The round was led by Index Ventures, with major participation from Redpoint Ventures and returning investors Thrive Capital, Felicis, and Abstract Ventures, as well as prominent angels such as Dylan Field, Figma's co-founder and CEO.

From rockets and propulsion systems to advanced robotics and nuclear energy infrastructure, today’s most complex hardware systems are increasingly autonomous and software-driven. However, much of the software used to test, validate, and command these systems was built decades ago — before modern collaboration workflows, deterministic execution, and real-time observability became standard in software engineering.

“I spent a decade building and operating systems where reliability wasn’t optional,” said Scott Morton, founder and CEO of Revel. “Testing and control sit at the center of how complex hardware is developed and deployed, but the tools supporting that work haven’t kept pace with system complexity. We built Revel to give engineers infrastructure they can trust from prototype through production.”

Revel’s platform enables teams to visually configure hardware systems, monitor live telemetry, and safely issue commands in real time. Their programming language, RevelCode, combines intuitive, Python-inspired syntax with deterministic execution, precision, and debuggability for high-consequence environments. Revel accelerates testing, prevents costly errors, and powers the hardware systems that keep critical industries running.

“We believe hardware is entering a new era — more autonomous, software-driven, and operationally complex than ever before,” said Nina Achadjian, Partner at Index Ventures, who led the round and joined Revel’s board. “Yet the underlying software infrastructure hasn’t kept pace. Scott brings rare, firsthand experience operating at the highest levels of reliability and scale. By modernizing this foundational layer, Revel has the potential to define a new category in how complex hardware is built and run.”

Revel is rapidly gaining traction, securing leading innovators like Impulse Space, Radiant Nuclear, and Astro Mechanica across aerospace, defense, and advanced energy. As demand surges for safe, software-defined hardware systems, the company is accelerating into a wider range of industrial control applications – quickly expanding its footprint across the next generation of mission-critical infrastructure.

The new funding will support team expansion, continued product development, and broader market deployment.

To learn more, read our blog at www.revel.io/newsroom/accelerating-revel.

About Revel

Revel is a unified software platform for hardware test and control. Founded by engineers from SpaceX, Anduril, and Palantir, Revel enables teams across aerospace, defense, robotics, and advanced energy to develop, deploy, and monitor complex physical systems with greater speed, safety, and reliability. By modernizing the testing and control layer, Revel is building foundational software infrastructure for the next generation hardware.

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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ROBOTICS HARDWARE

SOURCE: Revel

Copyright Business Wire 2026.

PUB: 02/26/2026 09:00 AM/DISC: 02/26/2026 09:00 AM

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