Nominal announced on November 9, 2026, that it had raised $240 million in a Series C round at a $3 billion valuation. Lightspeed Venture Partners led the financing and Insight Partners co-led it, providing capital to expand Nominal’s AI platform for hardware engineering. The funding will support deeper products for engineers and engineering enterprises, expansion into new industries and regions, and strategic acquisitions. Lux Capital, Sequoia, General Catalyst, Founders Fund, Lockheed Martin…