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Today: September 29, 2024
April 23, 2024
1 min read

Nominal Secures $275M in Funding Rounds

TLDR:

  • Nominal, a company specializing in data analysis solutions for industrial engineering teams, raised $7.5M in Seed and $20M in Series A funding rounds.
  • The funds will be used to expand operations and business reach.

Nominal, based in Los Angeles, CA, secured funding from investors like Lux Capital, Founders Fund, and General Catalyst. Led by CEO Cameron McCord, the company offers a data analysis platform tailored to the needs of engineering teams in aerospace, defense, energy, and industrial sectors. The platform supports critical data analysis and testing for companies like Varda Space, Muon Space, and the U.S. Air Force. McCord expressed readiness to accelerate the company’s mission to help industrial engineers develop and validate systems efficiently and safely.

  • Nominal raised $7.5M in Seed funding and $20M in Series A funding rounds.
  • Funds will be used to expand operations and business reach.
  • The company provides data analysis solutions for industrial engineering teams in various sectors.
  • Cameron McCord, CEO, expressed readiness to accelerate the company’s mission.
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