Luminovo gets €2.5 million from angel investors.
Luminovo, a Munich, Germany-based software company aiming to build an electronics operating system, announced completing a funding round of €2.5 million ($3M).
The money was raised from a range of angel investors from Europe and the United States, including Daniel Dines, Charles Songhurst, Carsten Thoma, Jan Stumpf, Jack Fuchs, Michael Wax, Norman Weiss, and Hamed El-Abd.
Luminovo, founded in 2017 by Timon Ruban and Sebastian Schaal in 2017, aims to build an electronics operating system, a SaaS layer that aims to reduce the time and resources needed to go from an idea to a market-ready electronic product. The company already announced launching LumiQuote, the next generation EMS RfQ software as the first puzzle piece to the said electronics operating system.
Luminovo previously raised €2.3 million from Cherry Ventures and La Famiglia VC in April 2020.