Lumenaza secured €6.5 million in a Series B funding led by First Imagine!

Germany United Kingdom 08 June 2021

Lumenaza, a Berlin, Germany-based developer of a software-as-a-service platform for green utilities, announced completing a €6.5 million ($7.9M) in a Series B funding round.

The money was raised from investors led by First Imagine!, a VC focusing on technologies driving the energy transition, and NEW KRAFTWERK Technology AG, funded mainly by the family office of Tom Wolf.

Existing shareholders Future Energy Ventures and IBB Ventures also joined the round.

The proceeds will be used to enhance the company's platform and services across Europe.

Lumenaza, founded in 2013 by Bernhard Bohmer and CEO Christian Chudoba, developed what they call an energy-as-a-service software platform helping green utilities to diversify their offering and deploy customer-centered new energy services fast.

The platform covers the full end-customer life cycle for electricity products and comes with a suite of powerful software applications, such as advanced billing, a product catalog and a virtual power plant (VPP). While the product catalog enables the simple and fast configuration of green energy offerings and pricing models, the virtual power plant maximizes the value from even the smallest renewable assets.

Lumenaza previously raised a total of $4.4 million from E.ON, IBB Ventures and EnBW New Ventures.

Total investments received (USD): 12.27M