Amount Raised
$2.1 Million
Round Type
Seed
Santa RosaManufacturingRenewables & EnvironmentDescription
Lumo [lumo.ag], a new Agtech company focused on water sustainability, announced today that it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology. The system offers a first of its kind wireless, cloud-managed water valve network that will enable growers to optimize water usage to improve crop quality and reduce overhead costs. Presently a number of Lumo's irrigation systems are being tested in vineyards and orchards in Sonoma County, California.
Quick answer
Lumo raised $2.1 Million in a Seed round, dated July 20, 2022. Lumo is based in Santa Rosa, California, United States.
- How much did Lumo raise?
- Lumo raised $2.1 Million in a Seed round on July 20, 2022.
- What does Lumo do?
- Lumo is a smart irrigation system that helps growers save water, improve crop quality and reduce costs.
- Where is Lumo based and how big is it?
- Lumo is based in Santa Rosa, California, United States. Fundz records about 35 employees.
- Who are the decision-makers at Lumo?
- Fundz holds 1 contact at Lumo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Renewables & Environment and Manufacturing around the same time
Companies in the same sectors as Lumo that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $11M (Seed) on June 24, 2022.
- Monteris Medical raised $14M on September 2, 2022.
- Manufactured raised $13M on September 1, 2022.
- Bekaert raised an undisclosed amount on September 1, 2022.
- JenaValve raised $100M (Funding Round) on August 31, 2022.
- Electrifuel raised $236K (Pre-Seed) on August 31, 2022.
Who to call at Lumo, and when
A new round usually means Lumo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lumo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lumo, from your own LinkedIn network
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Fundz sees it the moment Lumo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Lumo 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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