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Nominal raises $240M at $3B, tripling its value since March

Nominal’s Series C, led by Lightspeed and Insight Partners, triples its valuation since March. Five of the seven largest defence contractors use its hardware testing and AI analysis software.

By TNW | Investors-funding

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Nominal raises $240M at $3B, tripling its value since March
Image: Nominal co-founders Jason Hoch, Cameron McCord and Bryce Strauss Credit:

Nominal, whose software helps engineers test and analyse hardware such as aircraft, satellites and robots, has raised $240M in a Series C round at a $3B valuation. Lightspeed Venture Partners led the round and Insight Partners co-led it, Nominal announced on Monday.

That is triple its valuation in March. Back then…

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