Insider Brief
- Liquid Instruments raised $50 million in a Series C round co-led by Keysight Technologies and the National Reconstruction Fund Corporation to scale its software-defined instrumentation platform.
- The company’s platform consolidates multiple test instruments into a reconfigurable system, enabling faster and more flexible measurement workflows.
- The funding will support product development, AI-driven capabilities, and expansion across sectors including aerospace, defense, and semiconductors.
Liquid Instruments, a pioneer in software-defined test solutions, today announced the close of its $50 million Series C funding round, co-led by Keysight Technologies, Inc. (NYSE: KEYS), a global leader in design, emulation, and test solutions, and the Australian Government’s National Reconstruction Fund Corporation (NRFC). In addition to investing, Keysight will enter into a commercial arrangement with Liquid Instruments that positions Liquid Instruments and Keysight to accelerate a new class of AI-driven instrumentation.
Liquid Instruments takes a fundamentally different approach to instrumentation, consolidating multiple instruments into a single reconfigurable platform where users can create and deploy their own custom measurement solutions. What once took months, can now be achieved in minutes, dramatically expanding access to advanced measurement capabilities.
With thousands of users worldwide, including top technology companies, research institutes, quantum startups, and defense primes, Liquid Instruments is seeing strong adoption as engineering teams increasingly seek more adaptable and efficient approaches to test.
“Keysight has long set the standard for precision, innovation, and trust in its solutions for the most complex engineering challenges, and its investment is a strong validation of our approach,” said Daniel Shaddock, CEO and co-founder of Liquid Instruments. “As systems grow more complex, our users need more flexible, AI-driven tools, and this new partnership with Keysight will accelerate that shift.”
“The industry is shifting toward software-first and AI-enabled architectures,” said Joaquin Torrecilla, Vice President of Software Transformation at Keysight Technologies. “Liquid Instruments extends this by using software and AI to directly shape hardware behavior, creating more adaptable instrumentation. Together with Keysight’s extensive portfolio, this enables more scalable and integrated test solutions.”
The participation of the NRFC highlights its role in supporting Australian technology companies that are scaling globally in critical technology sectors.
“Liquid Instruments exemplifies the kind of high-impact innovation that strengthens sovereign capability while competing on the world stage,” said Mary Manning, CIO at the NRFC.
The funding will be used to accelerate product development, scale Liquid Instruments’ AI-powered platform, and expand go-to-market in key verticals, including aerospace, defense, and semiconductor.
“Advances in instrumentation are central to scientific discovery,” said Brian Schmidt, Nobel Laureate and Liquid Instruments board member. “More adaptable and accessible measurement technologies enable researchers and engineers to explore problems that were previously out of reach, accelerating progress across both fundamental science and applied engineering.”
For more information, visit https://liquidinstruments.com/
