MUNICH [November 5, 2025] – Luminovo, the AI-powered software company digitizing the electronics supply chain, today announced the appointment of Clifton Lobo as its new Vice President of Global Sales. Lobo joins Luminovo with an extensive track record of scaling high-growth SaaS organizations, bringing valuable experience from his previous leadership roles at FinTech unicorn Pleo and NASDAQ-listed Freshworks.

This strategic appointment comes as Luminovo, backed by a total of €20M+ in funding from previous rounds, accelerates its growth to scale its AI-powered platform and expand its global reach. This move signals the company's aggressive push to capture the market, attracting senior talent to lead the charge.

In his new role, Lobo will lead Luminovo's global revenue strategy, focusing on expanding the company's international footprint and accelerating the adoption of its end-to-end software suite for electronics manufacturers, suppliers, and distributors.

"Clifton is a world-class sales leader with a proven ability to build and scale high-performing teams in fast-paced environments. His experience at both Pleo and Freshworks is directly relevant to our ambitions," said Sebastian Schaal, Co-founder and Managing Director of Luminovo. "Having him on board is a massive win for us. His leadership will be crucial as we help the electronics industry overcome supply chain complexities and embrace digital transformation."

Lobo most recently served as Director of SMB Sales Global at Pleo, where he played a key role in scaling the organization’s ARR from ~€30M to over €110M+, leading a team that contributed more than 35% of total company revenue. Prior to Pleo, he spent around seven years at Freshworks, where he led sales across continental Europe, scaling both team and revenue as the company grew from ~€17M to over €400M+ ARR, culminating in a successful NASDAQ IPO ($FRSH).

“I am thrilled to join Luminovo at such a pivotal moment,” said Clifton Lobo. “While it’s an earlier stage than my recent roles, I chose Luminovo because I deeply believe in the massive, underserved opportunity within the trillion-dollar electronics market. The electronics industry is the backbone of the global economy, yet it continues to rely on an outdated software stack. With electronics embedded in nearly every product we use today, Luminovo’s technology is a true game-changer, bringing the AI-driven collaboration this complex industry urgently needs.

Lobo continued, “On a personal level, it’s funny how life comes full circle. At 16, I was building PCBAs with a soldering iron before going on to study mechanical engineering with a focus on electronics. That foundation gives me a clear understanding of the transformation we can help lead in this industry. Luminovo has an outstanding team of engineers and go-to-market professionals, and with my experience in the mix, I’m excited to see how far we can grow together.”

Clifton Lobo's appointment comes as Luminovo continues its rapid growth. As a remote-first company, Luminovo is scaling its globally distributed team while strengthening its key hubs in Munich, Berlin, and New York to support a growing base of global customers. This growth solidifies its position as a key partner for electronics manufacturers (EMS and OEMs) seeking to enhance their supply chain processes.

About Luminovo: Luminovo is a strategic electronics supply chain platform with 300+ industry-leading customers worldwide. The AI-based software connects stakeholders, data, and workflows across OEMs, EMS, and suppliers in a single, cloud-native platform, so that product innovations reach the market faster, more profitably, and with greater resilience. By bringing everyone into one place, Luminovo enables cost savings by turning operational tasks into strategic execution: supply-chain data is continuously connected, risks are visible with actionable alternatives, sourcing is automated, and collaboration is seamless.

Media Contact:

Mark Shif
Head of Marketing
marketing@luminovo.com
https://luminovo.com