logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Luna Announces $50 Million Strategic Investment From White Hat Capital Partners

Dec 21, 2023almost 2 years ago

Amount Raised

$50 Million

RoanokeManufacturingArtificial IntelligenceData And AnalyticsSoftware

Investors

White Hat Capital Partners

Description

Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced a $50 million investment by White Hat Capital Partners (“White Hat”), an investment firm focused on sustainable value creation in technology companies serving mission-critical applications.

Company Information

Company

Luna

Location

Roanoke, Virginia, United States

About

Luna Innovations Incorporated (www.lunainc.com) is a leader in optical technology, providing unique capabilities in high-performance, fiber optic-based, test products for the telecommunications industry and distributed fiber optic-based sensing for a multitude of industries. Luna’s business model is designed to accelerate the process of bringing new and innovative technologies to market.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech