# Nominal raises $240 million at a $3 billion valuation

_Published Monday, November 9, 2026 at 9:06 AM EST · Capital · Latest · Tier 2 — Notable_

Nominal has raised $240 million at a $3 billion valuation, triple its valuation in a funding round earlier this year, Bloomberg reports. The startup builds software to make manufacturing more efficient.

Lightspeed Venture Partners and Insight Partners led the financing, which is set to be announced Monday. Lux Capital, Sequoia Capital and Lockheed Martin Ventures also participated in the round.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-09/hardware-testing-startup-nominal-valued-at-3-billion-in-round)

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Canonical: https://techandbusiness.org/newswire/H2fEOfQBqhT6DUlVmekPr1
Published: 2026-11-09T14:06:46.367Z
Story chronology: 2026-11-09T13:00:00.000Z
Retrieved: 2026-11-09T16:01:51.962Z
Publisher: Tech & Business (techandbusiness.org)