Lumenaza Raises €6.5 Million in Series B

by Kay Aloha Villamor in August 27th, 2021

Lumenaza, a Berlin-based- SaaS platform for green utilities has raised €6.5 Million in a Series B round led by First Imagine! and New Kraftwerk Technology, with the majority of the funds coming from Tom Wolf's family office. Future Energy Ventures and IBB Ventures, both existing investors, also participated in the round. 

The new funding will be utilized to improve the platform and services as well as boost marketing activities.

Company: Lumenaza

Raised: €6.5M

Round: Series B

Funding Month: June 2021

Lead Investors: First Imagine! and New Kraftwerk Technology

Additional Investors: Tom Wolf's family office, Future Energy Ventures and IBB Ventures

Company Website: https://www.lumenaza.de/

Software Category: SaaS platform 

About the Company: Lumenaza, founded in 2013 by Bernhard Bohmer and Christian Chudoba, aims to help budding green energy enterprises scale and diversify their offerings by swiftly introducing additional services. The platform manages the complete customer life cycle for electrical goods, including advance billing, product catalogs, and virtual power plants. The virtual power plant strives to maximize the value of nearly every renewable asset, and the product catalog guarantees simple and quick setups of green energy offerings and prices.

Source: https://tech.eu/brief/berlin-based-lumenaza-raises-e6-5-million-in-series-b-round-aims-to-bring-secure-and-balanced-supply-of-green-electricity-a-all/

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