About .lumen
.lumen is a company founded in 2020 by Mihai Ivascu.. .lumen has raised $10.62 million across 5 funding rounds from investors including European Commission, European Union and Catalyst Romania. .lumen offers products and services including AI Glasses and Pedestrian AI System. .lumen operates in a competitive market with competitors including Envision, eSight, Freedom Scientific, IrisVision and NuEyes, among others.
- Founders Mihai Ivascu
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.62 M (USD)
in 5 rounds
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Latest Funding Round
$12.82 M (USD), Grant
Oct 20, 2025
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Investors
European Commission
& 6 more
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Employee Count
Employee Count
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Products & Services of .lumen
.lumen offers a comprehensive portfolio of products and services, including AI Glasses and Pedestrian AI System. 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.
Provides autonomous navigation and safety for visually impaired users.
Enables AI-driven mobility replication of guide dog features.
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Funding Insights of .lumen
.lumen has successfully raised a total of $10.62M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $12.82 million completed in October 2025. 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 Funding
- Total Rounds 5
- Last Round Grant — $12.8M
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First Round
First Round
(06 Oct 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Grant - .lumen | Valuation |
investors |
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| Jan, 2025 | Amount | Seed - .lumen | Valuation | Catalyst Romania | |
| Jul, 2024 | Amount | Seed - .lumen | Valuation | European Union , Venture to Future Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in .lumen
.lumen has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Commission, European Union and Catalyst Romania. 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.
| Investor | Description | Founded Year | Domain | Location |
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Catalyst Romania is recognized as a technology-focused venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by .lumen
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - .lumen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
.Lumen Comparisons
Competitors of .lumen
.lumen 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 Envision, eSight, Freedom Scientific, IrisVision and NuEyes, 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 |
AI-enabled mobile app is provided for visually impaired users.
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| domain | founded_year | HQ Location |
Wearable glasses are provided by eSight to aid low-vision individuals.
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| domain | founded_year | HQ Location |
Assistive technology products for visually impaired individuals are supplied.
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| domain | founded_year | HQ Location |
Wearable technology for visually impaired individuals is developed.
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| domain | founded_year | HQ Location |
Visual magnification aids are supplied for sight-impaired individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on .Lumen
Frequently Asked Questions about .lumen
When was .lumen founded?
.lumen was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Is .lumen a funded company?
.lumen is a funded company, having raised a total of $10.62M across 5 funding rounds to date. The company's 1st funding round was a Seed of $5.45M, raised on Oct 06, 2021.
What does .lumen do?
.lumen was founded in 2020 as a developer of wearable medical devices targeted at visually impaired users. Guidance for mobility and 3D navigation is provided through the technology, enabling safer movement. Sensory data and feedback systems are analyzed by medical professionals using the device. Operations center on assistive healthcare innovations, with applications in rehabilitation and daily support.
Who are the top competitors of .lumen?
.lumen's top competitors include Freedom Scientific, Envision and Eye-D.
What products or services does .lumen offer?
.lumen offers AI Glasses and Pedestrian AI System.
Who are .lumen's investors?
.lumen has 7 investors. Key investors include European Commission, European Union, Catalyst Romania, Tigrim, and MassChallenge.
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