Lumi Secures Seed Round Funding To Revolutionize Disposable Packaging Industry With The Lumicup
Round Type
Seed
Los AngelesManufacturingFood And BeverageHospitalityInvestors
Description
Lumi, an innovative newcomer in the food and beverage packaging sector with a mission to combat the global surge in single-use plastics, announced today that it successfully closed its seed round of funding. Proceeds from its oversubscribed round will enable Lumi to fully launch production of the LumiCup, the lightest disposable and endlessly recyclable aluminum cup on the market. Initial investors include Innovent Group, LLC, Hydra Group, LLC and Responsibly Fund, LP.
Quick answer
Lumi raised an undisclosed amount in a Seed round, dated September 28, 2023. Investors: Responsibly Fund, LP, Hydra Group, LLC and Innovent Group, LLC. Lumi is based in Los Angeles, California, United States.
- How much did Lumi raise?
- Lumi raised an undisclosed amount in a Seed round on September 28, 2023.
- Who invested in Lumi?
- Responsibly Fund, LP, Hydra Group, LLC and Innovent Group, LLC are named as investors in this round.
- What does Lumi do?
- Lumi is revolutionizing the disposable beverage packaging industry with its groundbreaking product, the LumiCup – the lightest disposable and endlessly recyclable aluminum cup on the market.
- Where is Lumi based and how big is it?
- Lumi is based in Los Angeles, California, United States.
- Who are the decision-makers at Lumi?
- Fundz holds 1 contact at Lumi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food And Beverage and Hospitality around the same time
Companies in the same sectors as Lumi that raised within 45 days of this round, from Fundz verified event records.
- Barfresh raised $1.4M (Seed) on October 23, 2023.
- SKYX Platforms raised $100K on November 10, 2023.
- GoodBytz raised $13M (Funding Round) on October 27, 2023.
- NoBull Burger raised an undisclosed amount (Funding Round) on October 26, 2023.
- Endovia Health Sciences, Inc. raised $1.3M (Seed) on October 5, 2023.
- Ikenga Wines raised $25K (Pre-Seed) on September 13, 2023.
Who to call at Lumi, and when
A new round usually means Lumi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lumi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lumi, from your own LinkedIn network
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Related People
Lumi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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