{"id":69126,"date":"2021-02-22T16:18:59","date_gmt":"2021-02-22T15:18:59","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=69126"},"modified":"2021-02-22T14:54:50","modified_gmt":"2021-02-22T13:54:50","slug":"luminovo-finds-eight-new-business-angels","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/69126\/luminovo-finds-eight-new-business-angels\/","title":{"rendered":"Luminovo finds eight new business angels"},"content":{"rendered":"<div class=\"entry-content\">\n<p>The SaaS professionals and industry experts now supporting Luminovo are: Daniel Dines (founder and CEO of UiPath), Charles Songhurst (former head of strategy at Microsoft), enterprise software entrepreneur Carsten Thoma (co-founder of Hybris, sold to SAP), Jan Stumpf (founder of Ascending Technologies, sold to Intel), Silicon Valley business angel Jack Fuchs (lecturer at Stanford University), Michael Wax (founder and CEO of Forto, formerly Freighthub), Norman Weiss (entrepreneur and founder of MittelstandsCampus), and Hamed El-Abd (board member at WKK Technology). The financial investment of the business angels totals <a href=\"https:\/\/munich.dealroom.co\/companies\/luminovo_artificial_intelligence_gmbh\" target=\"_blank\" rel=\"noreferrer noopener\">according to Dealroom<\/a> to 2.5 million euros. Only in spring 2020 was the startup able to <a href=\"\/en\/59571\/luminovo-investment\/\">Pre-Seed Round<\/a> Raise 2 million euros from the two early-stage venture capital investors Cherry Ventures and La Famiglia.<\/p>\n\n\n\n<p><strong>Jan Stumpf<\/strong> justifies his investment:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;Having developed electronics from prototype to market-ready product at Ascending Technologies and Intel, Luminovo&#039;s vision of solving a real customer challenge immediately piqued my interest.&quot;<\/p><\/blockquote>\n\n\n\n<p><strong>Carsten Thoma<\/strong> explains about Luminovo:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;They provide a solution where horizontal enterprise software products alone cannot unlock the value needed to advance the electronics industry. Their approach of mapping complex, multi-stakeholder processes into a collaborative and modern tool can make all the difference.&quot;<\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Luminovo On the way to Series A<\/h2>\n\n\n\n<p><a href=\"\/en\/60587\/corona-update-luminovo\/\">In recent months<\/a> The startup also celebrated several milestones: For example, the private beta launch of its Lumiquote solution took place with select customers. Lumiquote is designed to address the biggest challenges of supply and procurement management in the Electronic Manufacturing Services (EMS) sector. Luminovo also expanded its customer portfolio with additional early adopters. On the path to Series A, the startup now wants to focus on demonstrating product-market fit.<\/p>\n\n\n\n<p><strong>Timon Ruban<\/strong>, one of the founders of Luminovo, says:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;We are incredibly fortunate to have convinced these eight renowned business angels to join us on our journey. Each of them uniquely fits our mission and can help us develop the complete electronics operating system after LumiQuote&#039;s launch with their industry experience or specialized network.&quot;<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Munich-based startup Luminovo supports its customers in the use of artificial intelligence, focusing on the electronics industry. Its goal is to become the globally leading operating system for electronics development. The startup has now convinced eight new business angels to support it on this path.<\/p>","protected":false},"author":33,"featured_media":59577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[909,52,3275],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Luminovo findet acht neue Business Angels - Munich Startup<\/title>\n<meta name=\"description\" content=\"Das M\u00fcnchner KI-Startup Luminovo konnte acht neue Business Angels von sich \u00fcberzeugen und so 2,5 Millionen Euro einsammeln.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/69126\/luminovo-finds-eight-new-business-angels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Luminovo findet acht neue Business Angels - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Das M\u00fcnchner KI-Startup Luminovo konnte acht neue Business Angels von sich \u00fcberzeugen und so 2,5 Millionen Euro einsammeln.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/69126\/luminovo-finds-eight-new-business-angels\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-22T15:18:59+00:00\" \/>\n<meta name=\"author\" content=\"Maximilian Feigl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maximilian Feigl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/\",\"url\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/\",\"name\":\"Luminovo findet acht neue Business Angels - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg\",\"datePublished\":\"2021-02-22T15:18:59+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509\"},\"description\":\"Das M\u00fcnchner KI-Startup Luminovo konnte acht neue Business Angels von sich \u00fcberzeugen und so 2,5 Millionen Euro einsammeln.\",\"breadcrumb\":{\"@id\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#primaryimage\",\"url\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg\",\"contentUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg\",\"width\":2400,\"height\":1800,\"caption\":\"Die Luminovo-Gr\u00fcnder Timon Ruban und Sebastian Schaal (v.l.)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cms.munich-startup.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Luminovo findet acht neue Business Angels\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cms.munich-startup.net\/#website\",\"url\":\"https:\/\/cms.munich-startup.net\/\",\"name\":\"Munich Startup\",\"description\":\"Das offizielle Startup-Portal f\u00fcr M\u00fcnchen\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cms.munich-startup.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509\",\"name\":\"Maximilian Feigl\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g\",\"caption\":\"Maximilian Feigl\"},\"description\":\"Maximilian Feigl berichtet seit 2020 \u00fcber das M\u00fcnchner Startup \u00d6kosystem. Dabei haben es dem studierten Politikwissenschaftler vor allem Deeptech-Themen angetan.\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/author\/feigl\/\"}]}<\/script>\n<meta property=\"og:image\" content=\"https:\/\/cms.munich-startup.net\/en\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Luminovo finds eight new business angels - Munich Startup","description":"The Munich-based AI startup Luminovo was able to attract eight new business angels and raise 2.5 million euros.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cms.munich-startup.net\/en\/69126\/luminovo-finds-eight-new-business-angels\/","og_locale":"en_US","og_type":"article","og_title":"Luminovo findet acht neue Business Angels - Munich Startup","og_description":"Das M\u00fcnchner KI-Startup Luminovo konnte acht neue Business Angels von sich \u00fcberzeugen und so 2,5 Millionen Euro einsammeln.","og_url":"https:\/\/cms.munich-startup.net\/en\/69126\/luminovo-finds-eight-new-business-angels\/","og_site_name":"Munich Startup","article_publisher":"https:\/\/www.facebook.com\/munichstartup\/","article_published_time":"2021-02-22T15:18:59+00:00","author":"Maximilian Feigl","twitter_card":"summary_large_image","twitter_creator":"@munich_startup","twitter_site":"@munich_startup","twitter_misc":{"Written by":"Maximilian Feigl","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/","url":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/","name":"Luminovo finds eight new business angels - Munich Startup","isPartOf":{"@id":"https:\/\/cms.munich-startup.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#primaryimage"},"image":{"@id":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#primaryimage"},"thumbnailUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg","datePublished":"2021-02-22T15:18:59+00:00","author":{"@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509"},"description":"The Munich-based AI startup Luminovo was able to attract eight new business angels and raise 2.5 million euros.","breadcrumb":{"@id":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#primaryimage","url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg","contentUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg","width":2400,"height":1800,"caption":"Die Luminovo-Gr\u00fcnder Timon Ruban und Sebastian Schaal (v.l.)"},{"@type":"BreadcrumbList","@id":"https:\/\/cms.munich-startup.net\/69126\/luminovo-findet-acht-neue-business-angels\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cms.munich-startup.net\/"},{"@type":"ListItem","position":2,"name":"Luminovo findet acht neue Business Angels"}]},{"@type":"WebSite","@id":"https:\/\/cms.munich-startup.net\/#website","url":"https:\/\/cms.munich-startup.net\/","name":"Munich Startup","description":"The official startup portal for Munich","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cms.munich-startup.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509","name":"Maximilian Feigl","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/194fab98a3d18da0d43ab2b73b348908?s=96&d=blank&r=g","caption":"Maximilian Feigl"},"description":"Maximilian Feigl has been reporting on the Munich startup ecosystem since 2020. The political scientist is particularly interested in deeptech topics.","url":"https:\/\/cms.munich-startup.net\/en\/author\/feigl\/"}]},"og_image":[{"width":2400,"height":1800,"url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/04\/2_-Gr\u00fcnder-_-Querformat.jpg","type":"image\/jpeg"}]},"_showyear":"","_inactive":"","_show_financing":"","_hide_on_map":"","_edit_lock":"1614008292:24","_edit_last":"24","_yoast_wpseo_focuskw":"Luminovo","_yoast_wpseo_metadesc":"Das M\u00fcnchner KI-Startup Luminovo konnte acht neue Business Angels von sich \u00fcberzeugen und so 2,5 Millionen Euro einsammeln.","_yoast_wpseo_linkdex":"75","_thumbnail_id":"59577","wbounce_status":"default","_yoast_wpseo_primary_category":"5633","_yoast_wpseo_focuskw_text_input":"","_yoast_wpseo_content_score":"30","ms_image_format":"contentwidth","_ms_image_format":"field_5cb8587572c8b","ms_dachzeile":"","_ms_dachzeile":"field_5cd9b7f365df5","ms_bump_post_date":"","_ms_bump_post_date":"field_5d1341edcf42a","guest_author_name":"","_guest_author_name":"field_5cee78a6016f9","guest_author_image":"","_guest_author_image":"field_5cee7914016fb","guest_author_description":"","_guest_author_description":"field_5cee78dd016fa","ms_post_image_caption":"","_ms_post_image_caption":"field_5f735b0735284","ms_post_image_credit":"","_ms_post_image_credit":"field_5f735b1435285","suppress_startupbox":"","_suppress_startupbox":"","_yoast_wpseo_estimated-reading-time-minutes":"","_wp_old_date":"","_yoast_wpseo_title":"","_yoast_wpseo_wordproof_timestamp":"","footnotes":"","easy_language_simplification_original_id":"","easy_language_source_language":"","easy_language_simplification_language":"","easy_language_api":"","easy_language_prevent_automatic_mode":"","_wp_old_slug":"","_wp_trash_meta_status":"","_wp_trash_meta_time":"","easy_language_simplification_state_changed_from":"","easy_language_de_EL_changed":"","ms_competition_deadline":"","_ms_competition_deadline":"","_wpbitly":"","enclosure":"","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","wbounce_template":"","wbounce_title":"","wbounce_text":"","wbounce_cta":"","wbounce_url":"","wbounce_override":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_oembed_7131efca3705e16bd9da2c41df237660":"","_oembed_time_7131efca3705e16bd9da2c41df237660":"","_pprredirect_type":"","_pprredirect_url":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_newsletterglue":"","easy_language_text_language":"","_wp_desired_post_slug":"","_relevanssi_noindex_reason":"","_links":{"self":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/69126"}],"collection":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/comments?post=69126"}],"version-history":[{"count":2,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/69126\/revisions"}],"predecessor-version":[{"id":69146,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/69126\/revisions\/69146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media\/59577"}],"wp:attachment":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media?parent=69126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/categories?post=69126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/tags?post=69126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}