Having met at Stanford, Timon and Seba decide to return home and join forces to build an AI solutions company that should bring the Silicon Valley spirit to corporate Germany.
One year of AI-solution building
Our projects are ramping up and we manage to scale better by narrowing our focus to image- and text-based workflows, automating complex systems and developing internal tooling.
Despite successful AI projects, our team wants to have a bigger impact with their very own product, so we start exploring productization opportunities in parallel.
30 projects with 20 clients
We successfully delivered 30 projects incl. computer vision applications, natural language processing solutions, and time-series analyses to over a dozen DAX corporations.
Luminovo goes electronics
After weeks of various industry exploration, we kick off our transition away from boutique AI solutions towards a product-oriented company in the electronics industry.
We raise over 2.5 million euros pre-seed funding from our top investors La Famiglia VC and Cherry Ventures to develop the leading electronics software suite.
First manufacturer co-development
Lacon Electronic GmbH joins us as the first EMS to co-develop a solution for their challenging quoting process with us.
Luminovo launch – Manufacturing
We launch the initial version of our Luminovo software as the first puzzle piece to being the copilot for the electronics industry.
We decide to keep an office space, but also open ourselves up to the worldwide pool of incredible talent and decided to build a hybrid, remote-first culture.
We acquire Electronic Fellows to accelerate existing processes, as well as seize new opportunities to push the interconnection of the electronics industry together.
First designer co-development
ICC Intelligent Platforms GmbH, an Emerson subsidiary, joins us as the first electronics designer to co-develop new modules with us. The goal is better supply chain transparency and collaboration for engineering and procurement.
To fuel our strong growth, we receive €11 million in seed funding from our first-tier investors Chalfen Ventures, Tencent, Verve Venture, Cherry Ventures and La Famiglia VC.
Luminovo extension – Engineering
With our modules built for electronics designers, we launch the next puzzle pieces to being the copilot for the entire electronics industry – from design to manufacturing.
50+ employees and 100+ customers
By now, an incredible team of more than 50 people is working on our software solution that already helps more than 100 companies every day.
We're backed by fantastic investors
Supported by Cherry Ventures, La Famiglia, Chalfen Ventures, Tencent, Verve Ventures and an incomparable group of business angels, Luminovo has raised more than €13.5m in funding up to date. Everyone strongly believes in our exceptional team and unique position in one of the most important industries of our time.