Luminovo in a nutshell
Hi! We are a software company founded in Munich and, by now, spread over nine countries and 23 cities working together remotely-first. As a driven and diverse team we want to make an impact, specifically in the electronics industry. Find out more about our unique journey below.
2017
Founded
150+
Customers
60+
Employees
December 2017
Founding Luminovo
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.
December 2018
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.
June 2019
Exploring productisation
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.
November 2019
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.
January 2020
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.
April 2020
Pre-seed funding
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.
May 2020
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.
February 2021
Luminovo launch
We launch the initial version of our Luminovo software mainly focused on internal processes of EMS providers. But the vision towards the whole electronics industry is clear.
July 2021
Remote-first
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.
October 2021
First acquisition
We acquire Electronic Fellows to accelerate existing processes, as well as seize new opportunities to push the interconnection of the electronics industry together.
April 2022
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.
June 2022
Seed funding
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.
March 2023
Luminovo extension
Additional modules are finally making us a copilot for the entire electronics industry. We now have customised solutions for several company types (EMS, OEM, PCB suppliers) as well as various industries.
Now
60+ employees and 150+ customers
By now, an incredible team of more than 60 people is working on our software solution that already helps more than 150 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.
Our strong ecosystem
Luminovo collaborates with like-minded companies leveraging collective expertise, resources and support to drive innovation and create unparalleled value. Together, we foster an environment where ideas can flourish, challenges are overcome and the path to success is accelerated.
