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Nominal Obtains $240M in Series C Funding

Reported by VC News Daily
Nov 9, 2026· 1 min read
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Key Takeaways
  • • Nominal, the Hardware Intelligence Platform, raised $240 million in a Series C round at a $3 billion valuation, according to its announcement.
  • • The round was led by Lightspeed Venture Partners and co-led by Insight Partners.
  • • Other participating investors include Lux Capital, Sequoia, General Catalyst, Founders Fund, Avenir, Salesforce Ventures, M13, Lockheed Martin Ventures, Red Glass Ventures, PSP Growth, and Deployment Capital.
  • • The funding was announced from Los Angeles on November 9, 2026.
Summary
Nominal, which describes itself as a Hardware Intelligence Platform, announced a $240 million Series C financing at a $3 billion valuation, according to a Massinvestor report dated November 9, 2026. The company is based in Los Angeles.

The round was led by Lightspeed Venture Partners with Insight Partners as co-lead. The syndicate also includes Lux Capital, Sequoia, General Catalyst, Founders Fund, Avenir, Salesforce Ventures, M13, Lockheed Martin Ventures, Red Glass Ventures, PSP Growth, and Deployment Capital. The participation of Lockheed Martin Ventures and the breadth of the syndicate, which spans growth, venture and strategic investors, indicate interest in the company's hardware-focused software platform.

The primary source does not provide details on Nominal's product, revenue, customer base or use of proceeds. The announcement establishes the round size, valuation, lead investors and syndicate composition.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

VC News Daily Nominal Obtains $240M in Series C Funding