LumenRadio (private company)

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Offices:
Gothenburg
Business model:
B2B
Investors:
we tracked 3 investors
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Total investments received (USD) - we tracked 1 transaction

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Founded in 2009, LumenRadio is a technology leader in wireless DMX and RDM for the Entertainment & Architectural industries.

LumenRadio was founded with a clear vision of how wireless technology will change the world. We have been leading the wireless transformation within the lighting industry by consistently being the first to introduce new groundbreaking technology.

Our products and solutions are wide ranging including everything from licensable IP, dedicated ASICs and radio modules to production of finished product assemblies – everything to be your wireless partner.

Since 2015 and the introduction of Mira we have opened up our patented Cognitive Coexistence technology to a wider audience. Although our roots are within the lighting industry, the technology can be applied across a world of applications from building automation, energy monitoring, sensing, public services and numerous other fields.

Enabling connectivity for the Internet of Things (IoT) is a huge and growing business opportunity. But it is also an opportunity to make the world a better place through smarter products with less energy consumption, improved resource utilization, or creating possibilities previously deemed impossible.

In 2014 the company had sales of SEK 29 million and made about 1.2 million in profit.

In 2015, LumenRadio had sales of SEK 22 million and incurred SEK 1.8 million losses.

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