🏆 Deal of the Month · August 2022
Luminovo raised EUR 11M in a Seed round in August 2022; no valuation was disclosed. The round drew participation from six investors across Europe and Asia, with no single lead investor publicly designated. The capital is earmarked to further develop Luminovo's AI-powered electronics supply chain software platform.
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 round was backed by Chalfen Ventures, Cherry Ventures, Khadjavi Capital Partners, La Famiglia, Tencent, and Verve Ventures. The syndicate is notable for combining specialist European deep-tech and B2B software funds with Tencent, one of the world's largest technology conglomerates, signalling cross-border conviction in the electronics software vertical. The presence of La Famiglia, known for backing enterprise software targeting industrial incumbents, further underscores the round's focus on digitising legacy supply chain workflows.
What does Luminovo do?
Luminovo is a Munich-based software company founded in 2020 that operates an AI-powered electronics supply chain platform. The platform automates quoting, procurement, and monitoring of printed circuit board assemblies (PCBAs) for two distinct customer groups: OEMs, through a Design-to-source suite, and EMS providers, through a Configure-price-quote module. Core capabilities include automated BOM creation, real-time component pricing, and inventory management. Luminovo serves more than 300 customers globally and maintains its primary office in Munich, Germany.
Luminovo valuation & multiples
No multiples analysis is available for this deal, as Luminovo's valuation was not disclosed at the time of the Seed round. Once a post-money valuation is publicly confirmed, EV/Sales and EV/EBITDA benchmarks can be applied against comparable B2B enterprise software transactions. Readers seeking current valuation reference ranges for the software sector are invited to explore Venionaire DealMatrix's dedicated Software sector multiples pages.
Explore the benchmarks: Seed Software.
Frequently asked questions
How much did Luminovo raise in its Seed?
Luminovo raised EUR 11M in a Seed round in August 2022.
What is Luminovo's valuation?
Luminovo's valuation was not disclosed in connection with 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.