Round Type
Funding Round
RedmondManufacturingEnergyRenewable EnergyInvestors
Description
Lumotive, the developer of Light Control Metasurface (LCMTM) beam steering chips enabling the next generation of lidar, today announced that it has secured a round of strategic funding led by Samsung Ventures. The investment included contributions from new, strategic investors such as Himax Technologies Inc., as well as Bill Gates, Quan Funds and MetaVC Partners. Lumotive is planning to use the 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 systems for autonomy, automation, and augmented reality (AR) markets.
Quick answer
Lumotive raised an undisclosed amount in a Funding Round round, dated August 24, 2022. Investors: Bill Gates. Lumotive is based in Redmond, Washington, United States.
- How much did Lumotive raise?
- Lumotive raised an undisclosed amount in a Funding Round round on August 24, 2022.
- Who invested in Lumotive?
- Bill Gates is named as investors in this round.
- 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.
- Electra Battery Materials Corporation raised $85M (Funding Round) on October 6, 2022.
- Amprius Technologies raised $1M (Seed) on September 27, 2022.
- AmmPower Corp raised $19K (Seed) on September 26, 2022.
- Caelux raised an undisclosed amount (Funding Round) on September 23, 2022.
- Mainspring Energy raised an undisclosed amount (Series E) on September 21, 2022.
- Ojjo raised $40M (Series C) on September 20, 2022.
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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Fundz sees it the moment Lumotive raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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