Lumotive Adds New Investments From Usaa And Uniquest To A Strategic Funding Round Led By Samsung Ventures
Round Type
Venture
RedmondManufacturingEnergyRenewable EnergyDescription
Lumotive, the developer of Light Control Metasurface (LCMTM) beam steering chips enabling the next generation of 3D sensors, today announced that it has secured additional funding from new investors USAA and Uniquest in a $13M round of strategic funding led by Samsung Ventures, bringing the total amount raised to date to more than $56 million. Lumotive will use the new funding to accelerate the development and customer delivery of optical semiconductor devices that enable the next generation of lidar sensors. More than two dozen world-class companies are currently engaged with Lumotive to utilize the high-performance, small form factor, and low-cost advantages of the company's LCM chips to develop next-generation lidar systems for autonomy, automation, and augmented reality (AR) markets.
Quick answer
Lumotive raised an undisclosed amount in a funding round, dated January 3, 2023. Lumotive is based in Redmond, Washington, United States.
- How much did Lumotive raise?
- Lumotive raised an undisclosed amount in a funding round on January 3, 2023.
- What does Lumotive do?
- Lumotive’s award-winning optical semiconductor solutions enable advanced sensing and perception capabilities in next-generation consumer, mobility, and industrial automation products such as mobile devices, autonomous..
- Where is Lumotive based and how big is it?
- Lumotive is based in Redmond, Washington, United States. Fundz records about 78 employees.
- Who are the decision-makers at Lumotive?
- Fundz holds 2 contacts at Lumotive, including the Manager- Sales Operations. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Lumotive that raised within 45 days of this round, from Fundz verified event records.
- NanoGraf raised $65M (Series B) on February 14, 2023.
- Cirba Solutions raised an undisclosed amount on February 9, 2023.
- Tau raised $9.7M (Series B) on February 1, 2023.
- NanoGraf raised $65M on January 27, 2023.
- Polytech raised $146M on January 12, 2023.
- Lithos Energy raised an undisclosed amount on January 6, 2023.
Who to call at Lumotive, and when
A new round usually means Lumotive is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lumotive raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lumotive, from your own LinkedIn network
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Related People
Lumotive 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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