Lumotive Expands Workforce 50%, Opens Oman and Taiwan Sites and Hires Tristan Joo After $59M Series B
Lumotive expanded its workforce by 50%, opened new sites in Oman and Taiwan, and hired Tristan Joo as EVP of Global Business to scale commercialization of its Light Control Metasurfaces (LCM™) after a $59 million Series B.
Lumotive Opens Oman and Taiwan Offices to Commercialize $59M-Funded Miniaturized 3D Sensor Chips
Lumotive, after raising $59 million in venture capital, has opened offices in Oman and Taiwan to advance commercialization of its miniaturized 3D sensor chips. The company, specializing in lidar technology for robotics and other applications, has also expanded its management team with senior industry leaders.
Lumotive integrates MD41 Development Kit with Sony IMX459 and IMX560 SPAD sensors to boost automotive and industrial 3D sensing
Lumotive has integrated its MD41 Development Kit with Sony’s IMX459 and IMX560 SPAD depth sensors to enable higher-precision, high-speed 3D sensing for automotive and industrial applications, promising improved safety, flexibility, and scalability.
Lumotive Raises $45M Series B to Expand Sales of LCM™ Optical Semiconductors into AI Data Centers and Satellite Communications
Lumotive closed a $45 million Series B to scale sales of its Light Control Metasurface (LCM™) programmable optical semiconductors, targeting expansion into AI data centers, satellite communications, automotive, robotics, and industrial markets.
Bill Gates-Backed Lumotive Raises $45M Series B to Advance Optical Semiconductor 3D Sensor Technology
Lumotive, a Bill Gates-backed semiconductor startup specializing in Light Control Metasurface chips for 3D sensing, raised $45 million in a Series B round to advance AI data center, aerospace, and defense applications. The startup aims to provide a faster, cheaper alternative to traditional LiDAR systems and has raised over $90 million to date.
Samsung Ventures Leads $13 Million Investment in Lumotive to Expand Production of 3D Sensor Chips for Autonomous Vehicles
Seattle-based startup Lumotive secured $13 million in funding led by Samsung Ventures to expand production of its Light Control Metasurface chips used in 3D sensors for autonomous vehicles and robots. The investment increases Lumotive's total funding to over $56 million and supports both current chip deployment and future product development.
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