We are excited to announce that LUMO Labs has successfully raised €36 million in its latest funding round, paving the way for our continued mission to foster impact-driven, groundbreaking startups within the technology sector. As a multi-stage venture capital fund, our focus covers the pre-seed to Series A stages, providing not only financial investment but also a comprehensive coaching program tailored for founding teams. Our commitment lies in leveraging emerging technologies such as AI, Blockchain, IoT, VR/AR, and Digital Security to tackle pressing social challenges. The funding will significantly enhance our capabilities to connect visionary entrepreneurs with the resources they need to innovate sustainable cities, promote health and well-being, advance quality education, and combat climate change.
Hailing from the heart of the Brainport region in Eindhoven, Netherlands, and the spirited Silicon Beach in Los Angeles, USA, LUMO Labs finds itself at the forefront of technological evolution. Our Eindhoven hub is steeped in a tradition of high-tech innovation, while our Los Angeles base thrives on a rich tapestry of diverse industries. This strategic geographical positioning allows us to foster cross-pollination of ideas, driving collaboration and knowledge-sharing—essential elements of our approach to Open Innovation. With this funding, LUMO Labs is not just investing in startups; we are igniting a movement where technology and sustainability converge to create a brighter future. We are eager to see the transformative impact our new cohort of startups will have in their respective fields and beyond.
