🏆 Deal of the Week · CW 33/2022
Luminovo raised EUR 11M in a Seed round in August 2022; the post-money valuation was not disclosed. The round drew participation from six investors including Chalfen Ventures, Cherry Ventures, Khadjavi Capital Partners, La Famiglia, Tencent, and Verve Ventures.
Luminovo — key deal facts
| Company | Luminovo |
| Founded | 2020 |
| Headquarters | Munich, Germany |
| Amount raised | EUR 11M |
| Valuation | Valuation Remains Undisclosed |
| Round | Seed |
| Investors | Chalfen Ventures (https://www.chalfenventures.com/) Cherry Ventures (https://www.cherry.vc/) Khadjavi Capital Partners (https://www.khadjavi-capital.com/) La Famiglia (https://www.lafamiglia.vc/) Tencent (https://www.tencent.com/en-us/) Verve Ventures (https://www.verve.vc/) |
| Sectors | Software |
Who invested in Luminovo?
The Seed was backed by Chalfen Ventures, Cherry Ventures, Khadjavi Capital Partners, La Famiglia, Tencent, and Verve Ventures. The investor mix is notable for combining specialist European deep-tech and B2B software funds with Tencent, a strategic global technology conglomerate, signalling both regional conviction and cross-border interest in electronics supply chain digitisation.
What does Luminovo do?
Luminovo, founded in 2020 and headquartered in Munich, Germany, builds an all-in-one electronics supply chain management platform. The platform serves OEMs and EMS providers with modular solutions covering design-to-source, configure-price-quote workflows, AI-driven bill-of-materials analysis, and supplier integrations. Its software targets the quoting, procurement, and production monitoring stages of PCBA manufacturing, positioning itself as an operating system for the electronics value chain. Luminovo operates as a remote-first SaaS provider and also maintains a North American presence in New York City.
Luminovo valuation & multiples
Explore the benchmarks: Seed Software.
Frequently asked questions
How much did Luminovo raise in its Seed?
Luminovo raised EUR 11M in its Seed round in August 2022.
What is Luminovo's valuation?
Luminovo's post-money valuation was not disclosed as part of this Seed round.
Who invested in Luminovo?
The Seed round was backed by Chalfen Ventures, Cherry Ventures, Khadjavi Capital Partners, La Famiglia, Tencent, and Verve Ventures.
When was Luminovo founded and where is it based?
Luminovo was founded in 2020 and is headquartered in Munich, Germany.
Source: original announcement — read the full report.