Fundraising Fox

Luminovo

Munich, DE Β· 7 known investors

luminovo.com β†—

Luminovo provides software for the electronics industry with hosting on Microsoft Azure in Frankfurt or Virginia, offering ITAR-compliant workflows for defense and aerospace customers. The company emphasizes enterprise security and privacy, including ISO 27001 certification, SOC 2 compliance, and GDPR adherence.

Also known as Luminovo GmbH

Founders & leadership

TRTimon Ruban
Timon RubaninFounder & Managing Director
S
Seba

Investors Β· 7

Also in the syndicate Β· 2

Khadjavi Capital PartnersTencent

Company profile

researched Aug 2026

Luminovo is a software company serving the electronics supply chain. Its cloud platform consolidates electronics data, workflows and stakeholders β€” engineering, procurement, sales, manufacturing and suppliers β€” into a single system for monitoring, quoting and procuring printed circuit board assemblies (PCBAs). The product suite is organized around two core products: Quoting Intelligence, aimed at electronics manufacturing services (EMS) providers automating request-for-quote handling, and Procurement Intelligence, aimed at OEM procurement teams seeking cost savings and risk reduction. Add-on modules include a customer portal, manufacturing, PCB pricing, strategic sourcing, supplier relationship management (SRM) and a supply chain risk management (SCRM) module listed as coming soon.

Core capabilities include AI-based ingestion of unstructured bills of materials and PCB design files, matching of manufacturer part numbers and part alternatives, and aggregation of pricing, availability, lifecycle and compliance data. The platform combines supplier, customer, market, ERP and PLM data, with more than 100 supplier, data and system integrations, including Accuris, Arrow, Avnet, Digikey, Microsoft NAV & 365, Oracle E-Business Suite, ProALPHA, Sage ERP and SAP. Custom integrations with existing customer systems are also offered. Luminovo states it is ITAR-registered and ISO 27001 certified.

The company serves electronics manufacturing services providers, OEMs and PCB suppliers across industries including industrial automation, automotive and e-mobility, medical devices, aerospace and defense, energy and transportation, consumer and communications, and component manufacturers and distributors.

Founding story

Timon Ruban and Sebastian Schaal met at Stanford and decided to return to Germany to found Luminovo in December 2017, initially as an AI solutions company intended to bring a Silicon Valley approach to German corporates. After delivering computer vision, natural language processing and time-series projects for corporate clients, the founders sought greater impact through their own product and in January 2020 pivoted the company toward software for the electronics industry.

Business model

Luminovo sells a business-to-business cloud software platform to electronics manufacturers, OEMs and PCB suppliers, structured as core products (Quoting Intelligence, Procurement Intelligence) plus optional add-on modules such as customer portal, manufacturing, PCB pricing, strategic sourcing, supplier management and risk management. Onboarding, implementation support and ongoing customer care are included, and the company offers more than 100 integrations plus custom integrations with customer ERP and PLM systems.

Software platform sold to enterprise customers in the electronics supply chain; specific pricing terms are not disclosed publicly.

Traction

Luminovo reports more than 300 customers and over 100 employees across two offices, with more than $23 million raised in total funding. Published product outcome claims include 90% faster RFQ turnaround, 5% material cost reduction and 10% more revenue for EMS teams, and 12% cost savings, 50% fewer high-risk parts and 100% component coverage for procurement teams.

Latest developments

In December 2025 Luminovo opened its first office outside Europe in midtown Manhattan, New York City, serving as its North American headquarters with more than 15 employees covering customers in the United States, Canada and Mexico. The company reports 300+ customers, 100+ employees, two global offices and more than $23 million raised to date. A supply chain risk management (SCRM) module is listed as coming soon.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Luminovo positions itself as the first all-in-one, cloud-native platform covering the electronics value chain end to end, in an industry it describes as worth $5 trillion, contrasting its approach with spreadsheets, on-premise tools and fragmented point solutions. It states that more than 300 companies use its software.

Luminovo describes itself as purpose-built for electronics procurement and manufacturing rather than a generic supply chain tool, offering an end-to-end cloud-native system spanning quoting, sourcing, procurement and monitoring in a single workflow, with AI-based BOM and PCB file processing, over 100 integrations, and included onboarding and support.

Technology

The platform applies AI to process unstructured bills of materials and PCB design files, extracting BOM line items, matching manufacturer part numbers, comparing alternatives, confirming availability and analyzing risk. It maintains a unified data model that aggregates supplier, customer, market, ERP and PLM data, and exposes component lifecycle, availability, lead time, price and compliance information in real time. More than 100 integrations connect to distributors, data providers and enterprise systems including SAP, Oracle E-Business Suite, Microsoft NAV & 365, ProALPHA and Sage ERP. Luminovo also lists an ElectronicsGPT offering, and states ISO 27001 certification and ITAR registration.

Go-to-market

The company markets through its website with demo requests as the primary conversion path, publishing case studies, blog content, a newsletter and video content. It works with co-development partners such as Lacon Electronic GmbH and ICC Intelligent Platforms GmbH (an Emerson subsidiary) to build modules alongside customers, and maintains a partner and integration ecosystem spanning distributors, data providers and ERP vendors.

Electronics manufacturing services (EMS) providers, original equipment manufacturers (OEMs), PCB suppliers, and component manufacturers and distributors, with users in procurement, engineering, sales and manufacturing roles across industrial automation, automotive and e-mobility, medical devices, aerospace and defense, energy and transportation, and consumer and communications sectors.

Geography

Luminovo is a global, remote-first company founded in Munich, Germany, with two offices: Munich and a North American headquarters in midtown Manhattan, New York City, opened in December 2025 and home to 15+ employees supporting customers in the United States, Canada and Mexico.

History

Luminovo was founded in Munich in December 2017 as an AI solutions company. During 2018 and 2019 it delivered AI consulting projects, narrowing its focus to image- and text-based workflows and completing 30 projects with 20 clients, including more than a dozen DAX corporations, by November 2019. In June 2019 it began exploring its own product, and in January 2020 shifted from boutique AI services toward a product company focused on the electronics industry. A pre-seed round of more than $3 million followed in April 2020, and Lacon Electronic GmbH became the first EMS co-development partner in May 2020. The initial Luminovo software, focused on internal EMS processes, launched in February 2021. The company adopted a hybrid, remote-first model in July 2021 and acquired Electronic Fellows in October 2021. In April 2022 ICC Intelligent Platforms GmbH, an Emerson subsidiary, became its first electronics designer co-development partner, and in June 2022 the company raised a seed round. By March 2023 additional modules extended the product to EMS, OEM and PCB supplier customers across multiple industries. In December 2025 Luminovo opened its first office outside Europe, in midtown Manhattan, New York City.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
AI consulting projects delivered before pivotNov 201930 projects
CustomersJan 2025300 companies
EmployeesJan 2025100 people
Employees at New York officeDec 202515 people
Global officesJan 20252 offices
IntegrationsJan 2025100 integrations
Total funding raisedJan 2025$23M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Founder mafia

3 people who came through Luminovo went on to found or lead other companies.

Timeline Β· 8

launches, deals, and filings
Dec 2025
Opening of New York City office

Luminovo opened its first office outside Europe in midtown Manhattan, New York City, as its North American headquarters with 15+ employees supporting customers in the USA, Canada and Mexico.

source β†—

Mar 2023
Platform extension with additional modules

Luminovo added modules providing customized solutions for EMS, OEM and PCB supplier customers across several industries.

source β†—

Aug 2022
€11 million seed round led by Chalfen Ventures

Luminovo announced an €11 million seed round led by Chalfen Ventures with participation from Verve Ventures, Khadjavi Capital Partners, Tencent and existing investors La Famiglia and Cherry Ventures, to accelerate product development, broaden value-chain coverage and grow product engineering and revenue teams.

$11M source β†—

Apr 2022
Co-development with ICC Intelligent Platforms GmbH

ICC Intelligent Platforms GmbH, an Emerson subsidiary, became the first electronics designer to co-develop new modules with Luminovo, targeting supply chain transparency and collaboration between engineering and procurement.

source β†—

Oct 2021
Acquisition of Electronic Fellows

Luminovo acquired Electronic Fellows to accelerate existing processes and pursue further interconnection of the electronics industry.

source β†—

Feb 2021
Launch of the initial Luminovo software

Luminovo launched the first version of its software, focused on internal processes of EMS providers.

source β†—

May 2020
First EMS co-development partner Lacon Electronic GmbH

Lacon Electronic GmbH became the first electronics manufacturing services provider to co-develop a quoting solution with Luminovo.

source β†—

Apr 2020
Pre-seed round of over $3 million

Luminovo raised more than $3 million in pre-seed funding from La Famiglia VC and Cherry Ventures to develop an electronics software suite.

$3M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Luminovo do?
Luminovo builds an AI-powered software platform for monitoring, quoting, sourcing and procuring electronics assemblies (PCBAs).
Who founded Luminovo?
Luminovo was founded by Timon Ruban.
Who are Luminovo's investors?
Luminovo's investors include Cherry Ventures, La Famiglia, Verve Ventures, Chalfen Ventures, General Catalyst.
Where is Luminovo headquartered?
Luminovo is headquartered in Munich, DE.