About Luminovo
Luminovo is a company based in Munchen (Germany) founded in 2017 by Sebastian Schaal and Timon Ruban.. Luminovo has raised $16.34 million across 3 funding rounds from investors including Tencent, Daniel Dines and Charles Songhurst. The company has 30 employees as of December 31, 2021. Luminovo offers products and services including Supply Chain Platform, Design-to-Source, Configure-Price-Quote, Product Costing, and Customer Collaboration. Luminovo operates in a competitive market with competitors including MAVERICK Technologies, Bamboo Rose, ATS Applied Tech Systems, iTAC Software and Xinheyun, among others.
- Headquarter Munchen, Germany
- Employees 30 as on 31 Dec, 2021
- Founders Sebastian Schaal, Timon Ruban
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Luminovo Gmbh
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$16.34 M (USD)
in 3 rounds
-
Latest Funding Round
$11.15 M (USD), Seed
Aug 18, 2022
-
Investors
Tencent
& 10 more
-
Employee Count
30
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Luminovo
Luminovo offers a comprehensive portfolio of products and services, including Supply Chain Platform, Design-to-Source, Configure-Price-Quote, Product Costing, and Customer Collaboration. 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.
Unifies data and automates processes for electronics supply chain management.
Reduces design risks and optimizes product costs for OEMs.
Automates quoting to speed up deals and reduce errors.
Generates manufacturing cost breakdowns and adjusts for changes.
Enables customer interactions and project management via portal.
Manages supplier negotiations and tracking in one platform.
Unlock access to complete
Funding Insights of Luminovo
Luminovo has successfully raised a total of $16.34M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $11.15 million completed in August 2022. 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 3
- Last Round Seed — $11.2M
-
First Round
First Round
(08 Apr 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Luminovo | Valuation | Chalfen Ventures | |
| Feb, 2021 | Amount | Angel Round - Luminovo | Valuation | Daniel Dines , Charles Songhurst |
|
| Apr, 2020 | Amount | Seed - Luminovo | Valuation | Cherry Ventures , La Famiglia |
| 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 Luminovo
Luminovo has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Tencent, Daniel Dines and Charles Songhurst. 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 |
|---|---|---|---|---|
|
Provider of early-stage venture capital funding for European technology companies
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on early stage companies
|
Founded Year | Domain | Location | |
|
Chalfen Ventures is focused on funding early-stage software startups.
|
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 Luminovo
| 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 - Luminovo
| 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 |
Luminovo Comparisons
Competitors of Luminovo
Luminovo 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 MAVERICK Technologies, Bamboo Rose, ATS Applied Tech Systems, iTAC Software and Xinheyun, 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 |
Industrial automation and process control solutions are delivered to manufacturing.
|
|
| domain | founded_year | HQ Location |
Online B2B marketplace for product and supply chain management
|
|
| domain | founded_year | HQ Location |
Products and services for automation pyramid levels are provided.
|
|
| domain | founded_year | HQ Location |
Traceability and MES solutions are provided to manufacturing industries.
|
|
| domain | founded_year | HQ Location |
Cloud-based MES software for multiple industries
|
| 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 Luminovo
Frequently Asked Questions about Luminovo
When was Luminovo founded?
Luminovo was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Luminovo located?
Luminovo is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Luminovo a funded company?
Luminovo is a funded company, having raised a total of $16.34M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.17M, raised on Apr 08, 2020.
How many employees does Luminovo have?
As of Dec 31, 2021, the latest employee count at Luminovo is 30.
What does Luminovo do?
Luminovo was founded in 2017 in Munich, Germany, within the electronics supply chain sector. A platform is offered that includes software for monitoring, quoting, and procuring PCBAs. Stakeholders are connected through integrations with ERP systems, enabling real-time access to data on demand, orders, availability, and costs. Collaboration among teams is facilitated for digital processes tailored to specific needs.
Who are the top competitors of Luminovo?
Luminovo's top competitors include MAVERICK Technologies, ATS Applied Tech Systems and Parsec Automation Corp..
What products or services does Luminovo offer?
Luminovo offers Supply Chain Platform, Design-to-Source, Configure-Price-Quote, Product Costing, and 2 more products and services.
Who are Luminovo's investors?
Luminovo has 11 investors. Key investors include Tencent, Daniel Dines, Charles Songhurst, Carsten Thoma, and Jan Stumpf.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.