Lumaril Raises $66M Series A at $400M Valuation

Lumaril, an industrial technology company, has raised $66 million in a Series A funding round to expand its industrial AI platform. The latest round brings the company's total funding to $78 million and values the business at $400 million.

Investors

The funding round was led by returning investor Elad Gil, with participation from Felicis, Koch Disruptive Technologies, Pax Ventures, Lux Capital, and General Catalyst.

Lumaril Use of Funds

The company plans to use the new capital to accelerate the deployment of its technology as it works to capture and operationalize industrial knowledge across a broader range of manufacturing environments.

About Lumaril

Founded by Ben and Mark, Lumaril provides an industrial AI platform that captures the operational knowledge of experienced factory workers. By connecting to existing plant control systems, the software creates a living model of operations that learns from expert human interactions to improve manufacturing throughput and yield, helping to preserve critical process knowledge.

Funding Details

Company Website: https://lumaril.com

Company: Lumaril
Raised: $66M
Round: Series A
Funding Date: November 2, 2026
Lead Investor: Elad Gil
Additional Investors: Felicis, Koch Disruptive Technologies, Pax Ventures, Lux Capital, General Catalyst
Software Category: Industrial AI / Manufacturing Software
Source: https://pulse2.com/lumaril-raises-66-million-series-a-at-400-million-valuation-to-expand-industrial-ai-platform/