Luminovo closes €11 million seed round

Luminovo is a German artificial intelligence software service provider, focusing on the field of SaaS services for the electronics industry, and has developed the world’s first cloud-based end-to-end software suite for the electronics industry, aiming to help promote the development of hardware on a global scale Technological advancements are expected to digitize and automate the development process of new electronic products, thereby helping to reduce time-to-market, increase revenue, productivity and profitability. Recently, Luminovo has completed a seed round of 11 million euros. This round of financing was led by Chalfen Ventures, with participation from Tencent, Verve Ventures, Khadjavi Capital Partners and existing investors La Famiglia and Cherry Ventures.

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