
.lumen closes €5M investment to revolutionize Mobility for the Blind and Pedestrian Autonomous Driving
About
.lumen is thrilled to announce the successful closure of a €5 million investment round, led by Catalyst Romania, aimed at bringing the Glasses for the Blind to market and advancing the Pedestrian Autonomous Driving (PAD AI) technology.This milestone investment, also includes participation from the European Innovation Council (EIC) Fund, Tigrim Capital, and a €1 million crowdfunding component facilitated by SeedBlink, raised in a record-breaking seven hours.
With the first generation of .lumen Glasses undergoing regulatory testing and expected to launch in Europe within a few months, and the second generation already in development, this investment round will support market entry activities across Europe while paving the way for expansion into the USA and other international markets.

About .lumen

“This investment round brings so much competence onboard, from experienced investors that can help the next growth phase of the company. Just a few years ago I started this company with the purpose of helping people. Now, Catalyst Romania and EIC Fund, among other great investors, are joining our vision. We are also very proud to keep this company a product of Romanian and European Innovation, and the selection of investors proves just that” – Cornel Amariei , Founder & CEO of .lumen.


Svetoslava Georgieva, Chair of the EIC Fund Board, said: “The unique form of financing via EIC - combining grants and equity – is proving itself highly attractive to Europe's most promising start-ups. We are delighted with the EIC Fund's investment in .lumen, an innovative company pushing the boundaries of Pedestrian Autonomous Driving technology. We believe in their tremendous potential of their technology and are excited to support their growth and development.”

