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Nominal raises $240 million at $3 billion valuation

Manufacturing software startup Nominal has raised $240 million in new funding at a $3 billion valuation, tripling its value from an earlier round in 2026.

News graphic stating that Nominal raises $240M at a $3B valuation, led by Lightspeed and Insight Partners.
Image: @AGTPinsights

Nominal, a startup that develops software to make hardware and manufacturing processes more efficient, has raised $240 million in funding at a $3 billion valuation, Bloomberg reported. The round was led by Lightspeed and Insight Partners.[1][2][4]

The new valuation represents a threefold increase for the company compared to its worth earlier in the year. Nominal previously reached a $1 billion valuation in March after securing $80 million in a Series B round.[1][2][4][5]

Nominal operates as a hardware-testing and engineering software startup focused on modernizing production workflows.[3][4]

Key facts

  • Nominal raised $240 million in new funding at a $3 billion valuation, Bloomberg reported.
  • Lightspeed and Insight Partners led the funding round.
  • The $3 billion valuation triples Nominal's value from an $80 million Series B round in March, which valued the company at $1 billion.
  • Nominal develops software for hardware testing, engineering, and manufacturing efficiency.

Sources · 5 sources

  1. BL

    Bloomberg@businessPost on X ·

    Nominal, 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. https://t.co/Mj5pF3q8gz

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  2. AG

    AGTP@AGTPinsightsPost on X ·

    BREAKING: Nominal, a startup building software to make manufacturing more efficient, raises $240M at a $3B valuation, triple its value earlier this year. Lightspeed and Insight Partners led the round. https://t.co/3nG4m7bX60

    Open source
  3. SI

    SiliconANGLE@SiliconANGLEPost on X ·

    Hardware-testing and engineering startup Nominal raises $240M at $3B valuation https://t.co/5TFKURVgLI

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  4. TE

    TechmemeArticle ·

    Nominal, which builds software to make hardware manufacturing more efficient, raised $240M at a $3B valuation, up from $1B after an $80M Series B in March (Paayal Zaveri/Bloomberg) Paayal Zaveri / Bloomberg : Nominal, which builds software to make hardware manufacturing more efficient, raised $240M at a $3B valuation, up from $1B after an $80M Series B in March — Nominal Inc., a startup building software to make manufacturing more efficient, has raised $240 million in funding at a $3 billion valuation …

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  5. TE

    Techmeme@TechmemePost on X ·

    Nominal, which builds software to make hardware manufacturing more efficient, raised $240M at a $3B valuation, up from $1B after raising $80M in March (@paayalzaveri / Bloomberg) (Visit Techmeme dot com for the link and full context!)

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