Lumino
Founded Year
2023Stage
Pre-Seed | AliveTotal Raised
$2.8MLast Raised
$2.8M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+269 points in the past 30 days
About Lumino
Lumino specializes in providing cloud-based solutions for model development and training within the technology sector. Their services include an SDK for building and training machine learning models, with a focus on cost efficiency and access to GPU resources. The company caters to clients who require scalable computing power for training, ensuring data privacy and transparent operations. It was founded in 2023 and is based in San Mateo, California.
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Expert Collections containing Lumino
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lumino is included in 1 Expert Collection, including Artificial Intelligence.
Artificial Intelligence
7,212 items
Latest Lumino News
Jan 21, 2025
Conductors and power cables manufacturer Lumino Industries plans to raise 1,000 crore through an IPO. The offering includes a fresh issue and an offer-for-sale by promoters. Proceeds will address corporate debt, facility upgrades, and miscellaneous expenses. The company showcases significant growth and an expanding order book. Devdiscourse News Desk | New Delhi | Updated: 21-01-2025 15:06 IST | Created: 21-01-2025 15:06 IST Lumino Industries Powers Up for 1,000 Crore IPO Surge Country: SHARE Lumino Industries, a Kolkata-based manufacturer specializing in conductors and power cables, has filed with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) aiming to raise Rs 1,000 crore. The IPO will feature a fresh issue of shares valued at Rs 600 crore and an offer-for-sale segment of Rs 400 crore from its promoters, Devendra Goel and Jay Goel. The company has reserved a portion of the subscription for eligible employees. The capital raised will be directed towards corporate debt repayment, acquiring machinery, and upgrading its manufacturing facilities, alongside other general corporate purposes. Lumino's client base spans several international utilities, and it reported a significant rise in revenue and profits in fiscal 2024. (With inputs from agencies.)
Lumino Frequently Asked Questions (FAQ)
When was Lumino founded?
Lumino was founded in 2023.
Where is Lumino's headquarters?
Lumino's headquarters is located at 400 Concar Drive, San Mateo.
What is Lumino's latest funding round?
Lumino's latest funding round is Pre-Seed.
How much did Lumino raise?
Lumino raised a total of $2.8M.
Who are the investors of Lumino?
Investors of Lumino include Protocol Labs Venture, Inception Group, Fenbushi Capital, Zero Knowledge Ventures, L2 Iterative Venture and 8 more.
Who are Lumino's competitors?
Competitors of Lumino include Graphcore and 4 more.
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Compare Lumino to Competitors
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CoreWeave provides services such as computing, managed Kubernetes, virtual servers, storage solutions, and networking for sectors requiring intensive computational power, including machine learning, visual effects, and rendering services. CoreWeave was formerly known as Atlantic Crypto. It was founded in 2017 and is based in Roseland, New Jersey.
io.net focuses on providing artificial intelligence (AI) solutions. The company offers a platform to harness global graphics processing unit (GPU) resources to provide computing power for AI startups, allowing users to create and deploy clusters for machine learning applications. It primarily serves the AI development and cloud computing industries. io.net was formerly known as Antbit. It was founded in 2022 and is based in New York, New York.
Cerebras focuses on artificial intelligence (AI) work in computer science and deep learning. The company offers a new class of computers, the CS-2, which is designed to train AI models efficiently with applications in natural language processing (NLP), computer vision, and computing. Cerebras primarily serves sectors such as health and pharma, energy, government, scientific computing, financial services, and web and social media. It was founded in 2016 and is based in Sunnyvale, California.
Tenstorrent is a computing company specializing in hardware focused on AI within the technology sector. The company offers computing systems for the development and testing of AI models, including desktop workstations and rack-mounted servers powered by its Wormhole processors. Tenstorrent also provides an open-source software platform, TT-Metalium, for customers to customize and run AI models. It was founded in 2016 and is based in Toronto, Canada.
Arc Compute is a company that specializes in the optimization of GPU resources within the technology sector. The company offers solutions for GPU infrastructure, including servers and cloud instances, that aim to maximize GPU utilization and performance, thereby increasing throughput and improving overall performance. Arc Compute primarily serves organizations in the AI industry. It was founded in 2020 and is based in Toronto, Ontario.
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