Nominal Tripled Its Valuation to $3 Billion in $240 Million Round

Nominal tripled its valuation to $3 billion in $240 million round

Lightspeed and Insight led the $240 million round, and the company said its revenue more than tripled this year

Hardware-Testing Startup Nominal Valued at $3 Billion in Round

Nominal Inc., a startup building software to make manufacturing more efficient, has raised $240 million in funding at a $3 billion valuation, triple what it was worth in a funding round earlier this year.

Hardware-testing and engineering startup Nominal raises $240M at $3B valuation

Artificial intelligence-powered hardware-testing and engineering software startup Nominal Inc. today announced it raised $240 million in new funding led by Lightspeed Venture Partners and Insight Partners. The investment triples the company’s valuation to $3 billion, up from $1 billion cemented in March after it raised $80 million in a Series B-2 funding round. Additional major investors in […]

Behind the Investment: Nominal

Building a complex machine means building it twice. First, on paper, through requirements, designs, and simulations. Then, in the real world, where every part is tested and verified. Engineers call this the V-model, but it works only if what the team learns on one side of the V reaches the other. In practice, each stage […]