Loomia

New York, United States Founded: 2004 • Age: 22 yrs
Circuit technology for e-textiles integration is provided.
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About Loomia

Loomia is a company based in New York (United States) founded in 2004.. Loomia has raised $7.5 million across 4 funding rounds from investors including Telefónica, National Science Foundation and Peacock Equity. Loomia offers products and services including Loomia Electronic Layer, HMI/Switches, Flexible Heaters, Antenna and Cabling, and Pressure Sensors/FSRs. Loomia operates in a competitive market with competitors including Nanoleq, Nextiles, Claros Technologies, Myant and Primo1D, among others.

  • Headquarter New York, United States
  • Sectors
    Retail
    Technology Chemicals & Materials
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Technology → Extended, Virtual & Augmented Reality
Technology → Semiconductors, Electronics & Hardware
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $275 K (USD), Grant

    Sep 01, 2024

  • Investors
    Telefónica

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Loomia

Loomia offers a comprehensive portfolio of products and services, including Loomia Electronic Layer, HMI/Switches, Flexible Heaters, Antenna and Cabling, and Pressure Sensors/FSRs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Flexible circuit for integrating heating and sensing into textiles.

Touch-sensitive controls for soft surface integration.

Uniform heating elements for various applications.

Data transmission systems for integrated electronics.

Devices for detecting and measuring tactile forces.

People of Loomia
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
EZGI UCAR
Chief Technology Officer
People
Madison Maxey
Founder & CEO

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Teams

Funding Insights of Loomia

Loomia has successfully raised a total of $7.5M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $275 thousand completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $275,000
  • First Round

    (01 Jun 2005)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2024 Amount Grant - Loomia Valuation

investors

Sep, 2009 Amount Series A - Loomia Valuation

investors

Apr, 2008 Amount Series A - Loomia Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Loomia

Loomia has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Telefónica, National Science Foundation and Peacock Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are directed toward early-stage technology companies.
Founded Year Domain Location
Early-stage US companies are invested in by Asset Management Ventures.
Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Loomia

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Loomia

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Loomia Comparisons

Employees
+
Add Comparison
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Competitors of Loomia

Loomia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nanoleq, Nextiles, Claros Technologies, Myant and Primo1D, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Smart textiles are provided for remote health monitoring.
domain founded_year HQ Location
Sports performance analytics are enabled via smart wearables and sensors.
domain founded_year HQ Location
Provider of sustainable solutions for circular economy
domain founded_year HQ Location
AI-optimized health solutions are developed using textile computing.
domain founded_year HQ Location
Embedded RFID thread technology is developed for textile traceability solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Loomia

Frequently Asked Questions about Loomia

When was Loomia founded?

Loomia was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Where is Loomia located?

Loomia is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Loomia a funded company?

Loomia is a funded company, having raised a total of $7.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 01, 2005.

What does Loomia do?

Provider of a circuit technology designed for integration with e-textiles. It provides users with a circuit that can be embedded into textiles for heating, lighting, sensing, or data-tracking applications. The circuit has sensors on them, which collects data about the person wearing the apparel. The embedded sensors collect data about temperature, motion, or frequency of wear which is then stored in a slim battery that powers the circuits. The company also offers a companion application that allows the user to upload the data collected by the device and leverages blockchain for security, tokenizing rewards, and data integrity.

Who are the top competitors of Loomia?

Loomia's top competitors include Nanoleq, Claros Technologies and Garware Technical Fibres.

What products or services does Loomia offer?

Loomia offers Loomia Electronic Layer, HMI/Switches, Flexible Heaters, Antenna and Cabling, and Pressure Sensors/FSRs.

Who are Loomia's investors?

Loomia has 4 investors. Key investors include Telefónica, National Science Foundation, Peacock Equity, and Asset Management Ventures.

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