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Illumix Closes Series A Round Funding, Strengthening Its Position As A Leading Tech Company Bridging The Digital And Physical Worlds

RECENTLY ACQUIREDMar 20, 2023

Round Type

Series A

San FranciscoSoftwareGaming

Investors

Mark Cuban

Description

Illumix, a San Francisco-based technology startup that is creating the platform and foundational infrastructure for digital-physical interactions, announced today that it has closed an $18 million Series A round of funding. New investors include LightShed Ventures, Henry Kravis, co-founder of KKR & Co, and Matthew Ball, CEO of Epyllion and international bestselling author of “The Metaverse,” with previous investors Maveron and Lightspeed renewing their participation. Also joining this round of funding are Mark Cuban of “Shark Tank,” Sony Innovation Fund, RW3 Ventures, OV, Visible Ventures and Xavier Niel.

Quick answer

Illumix raised an undisclosed amount in a Series A round, dated March 20, 2023. Investors: Mark Cuban. Illumix is based in San Francisco, California, United States.

How much did Illumix raise?
Illumix raised an undisclosed amount in a Series A round on March 20, 2023.
Who invested in Illumix?
Mark Cuban is named as investors in this round.
What does Illumix do?
Illumix is a low-code augmented reality (AR) software that enables businesses and creators to easily create immersive AR experiences for a variety of use cases, without the need for technical expertise.
Where is Illumix based and how big is it?
Illumix is based in San Francisco, California, United States.
Who are the decision-makers at Illumix?
Fundz holds 1 contact at Illumix. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Gaming and Software around the same time

Companies in the same sectors as Illumix that raised within 45 days of this round, from Fundz verified event records.

  • Tangle raised $4M (Seed) on March 7, 2023.
  • STELLA™ Automotive AI raised $4M (Seed) on May 4, 2023.
  • Innovapptive raised an undisclosed amount (Series B) on May 4, 2023.
  • AirMatrix raised an undisclosed amount (Funding Round) on May 4, 2023.
  • VirtualZ Computing Corp raised $1M (Seed) on May 4, 2023.
  • Safebooks raised $4.9M (Seed) on May 4, 2023.

Who to call at Illumix, and when

A new round usually means Illumix is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Illumix raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Illumix, from your own LinkedIn network

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Company Information

Company

Illumix

Location

San Francisco, California, United States

About

Illumix is a low-code augmented reality (AR) software that enables businesses and creators to easily create immersive AR experiences for a variety of use cases, without the need for technical expertise.

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Fundz sees it the moment Illumix raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Illumix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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