Tech Company Financing Transactions

Lumai Funding Round

Lumai closed a $10 million funding round on 4/2/2025. Investors included IP Group, Journey Ventures and LIFTT.

Transaction Overview

Company Name
Announced On
4/2/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to advance product development, doubling its headcount, and expanding its U.S. presence.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Wood Centre for Innovation, Quarry Road
Headington, Oxford, OX3 8SB
UK
Email Address
Overview
Lumai is enabling AI deployment at scale with the fastest, most energy-efficient AI processor.
Profile
Lumai LinkedIn Company Profile
Social Media
Lumai Company Twitter Account
Company News
Lumai News
Facebook
Lumai on Facebook
YouTube
Lumai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tim Weil
  Tim Weil LinkedIn Profile  Tim Weil Twitter Account  Tim Weil News  Tim Weil on Facebook


 

 

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Where The Data Comes From

We document tech company VC transactions. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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