Fenwick represented Nominal, a company specializing in creating end-to-end data analysis solutions for industrial engineering teams, in its $27.5 million financing. The startup raised $7.5M in Seed funding led by Lux Capital with support from Founders Fund and $20M in their Series A led by General Catalyst. Additional investors include Haystack VC, XYZ Ventures, Human Capital, Box Group, and Overmatch.
Nominal emerged from stealth to provide a faster, more reliable way to review test data and validate mission-critical systems. They are utilizing this funding to uphold its commitment to delivering innovative solutions to the defense and aerospace sectors, including the rollout of its full-stack data analysis solution designed to facilitate and expedite the process of analyzing and reviewing test data for engineering teams. More information can be obtained from the company’s announcement.
The transactions were led by corporate partner Patrick Grilli and included associates Jared Leung and Kaylee Johnson.