About Lummus Technology
Lummus Technology is a company based in The Woodlands (United States) founded in 1907 was acquired by Neste in April 2025.. Lummus Technology offers products and services including Proprietary Equipment and Consulting Services.
- Headquarter The Woodlands, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lummus Technology
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
McDermott International
& 5 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Lummus Technology
Lummus Technology offers a comprehensive portfolio of products and services, including Proprietary Equipment and Consulting Services. 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.
Equipment for petrochemical and polymer processes is developed and supplied by Lummus Technology to address industry challenges
Process planning, development, and consulting services are offered by Lummus Technology to support sustainable business objectives
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Funding Insights of Lummus Technology
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(20 Jul 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Unspecified - Lummus Technology | Valuation | McDermott International |
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| Sep, 2010 | Amount | Grant - Lummus Technology | Valuation |
investors |
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| Jul, 2004 | Amount | Grant - Lummus Technology | Valuation |
investors |
| 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 Lummus Technology
Lummus Technology has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include McDermott International, Neste Jacobs and Haldia Petrochemicals. 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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Investment banking firm offering private equity investments
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Founded Year | Domain | Location | |
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Private equity investments and operations in petrochemicals, pharmaceuticals, and technology sectors globally.
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Founded Year | Domain | Location | |
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Engineering and construction solutions are provided for the energy industry.
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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 Lummus Technology
| 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 - Lummus Technology
| 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 |
Lummus Technology Comparisons
Competitors of Lummus Technology
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lummus Technology
Frequently Asked Questions about Lummus Technology
When was Lummus Technology founded?
Lummus Technology was founded in 1907 and raised its 1st funding round 97 years after it was founded.
Where is Lummus Technology located?
Lummus Technology is headquartered in The Woodlands, United States. It is registered at The Woodlands, Texas, United States.
Who is the current CEO of Lummus Technology?
Leon De Bruyn is the current CEO of Lummus Technology.
What does Lummus Technology do?
Developer of process technologies and energy solutions. It licenses technologies for clean fuels, renewables, petrochemicals, polymers, and gas processing. The company also provides lifecycle services, catalysts, proprietary equipment, and digitalization solutions to customers. Its offerings encompass the entire process facility lifecycle, from planning and development to ongoing support. It focuses on enabling sustainable, low-carbon energy production.
What products or services does Lummus Technology offer?
Lummus Technology offers Proprietary Equipment and Consulting Services.
Who are Lummus Technology's investors?
Lummus Technology has 6 investors. Key investors include McDermott International, Neste Jacobs, Haldia Petrochemicals, OSTI.GOV, and Rhone Group.
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