Funding Round attributes
How Much Was Raised?
Lumotive has secured $45 million in an oversubscribed Series B funding round. The investment will be used to expand sales and further develop its Light Control Metasurface (LCM™) technology.
Who Is Funding?
The funding round included new investors Swisscom Ventures, East Bridge, EDOM, Grazia, Hokuyo Inc., and TSVC. Existing investors such as Gates Frontier, MetaVC Partners, Quan Funds, USAA, and HiMax Inc. also participated in the round.
What Is the Funding Going To?
The investment will be directed toward three key areas:
Global Market Expansion: Lumotive is scaling its operations to meet demand from international customers and partners, providing localized support and tailored solutions.
Data Center AI Infrastructure: The company is advancing high-performance optical switching solutions to support AI model training, real-time analytics, and energy-efficient hyperscale data center management.
Aerospace and Defense: Lumotive is enhancing next-generation optical semiconductors for secure communications, advanced sensing, and mission-critical defense applications.
About the Company
Based in Redmond, Washington, Lumotive specializes in programmable optical semiconductor products. Its LCM™ technology enables precise light control at the chip level, driving advancements in autonomous vehicles, robotics, data centers, and aerospace applications.
Quotes
"Lumotive's unique technology represents a fundamental advance in optical semiconductors," said Pär Lange, Investment Partner at Swisscom Ventures. "Their proven success in automotive and industrial markets, combined with their ability to precisely control light at the chip level, enables applications that were previously impossible."
"This funding marks a pivotal moment in the evolution of programmable optics," said Dr. Sam Heidari, CEO of Lumotive. "Our LCM™ technology has already driven innovation across autonomous vehicles, advanced robotics, and industrial applications. With this new investment, we will accelerate sales in other new markets, particularly in AI data centers and satellite communications."
"Having supported Lumotive since its earliest days, we've witnessed the rapid evolution of the company's core technology and its expansion into diverse global markets," said Conrad Burke, Managing Partner at MetaVC Partners. "This new funding round marks an exciting milestone in the company's growth."
