LUMO Labs is an early stage investment fund with a two-year venture builder program. It has created an environment on the High Tech Campus for emerging tech start-ups to grow into socially sustainable and profitable organizations with global impact.
LUMO Labs is founded on the belief that technology is a catalyst and at the same time the key to resolving many of the global challenges we face today. LUMO Labs supports the start-ups to collaborate based on the notion that the greater opportunity to find and create new efficiencies, products and services lies precisely in the convergence of previously separate emerging technologies.
LUMO Labs' venture builder program is tailor made to individually support each of the selected start-ups in preparation for market traction and Series A investment. The program includes hands-on coaching, shared back-office services, fully furnished co-working ‘LUMO Labs’ space at the High Tech Campus, and direct access to LUMO’s extensive global network.
The program allows start-ups to rapidly develop and prototype across technologies through the sharing of resources, management, infrastructures, software and skilled community competencies. By harnessing a high-paced yet sustainable development in a vibrant ecosystem with cross-pollination between all of the participants, time-to-market as well as the time-to-next-round-funding is significantly shortened.
LUMO Labs invests in software and smart hardware that positively impact at least one of the following Sustainable Development Goals (SDGs) as defined by the United Nations: 1.Sustainable Cities and Communities, 2. Good Health and Well-being, 3. Education. Eligible start-ups must have prototypes, products and/or applications with a measurable impact on at least one of these SDG’s.
LUMO Labs’ primary focus is on software (e.g. operating systems, platforms, key-infrastructure) and on smart hardware start-ups that are active in the fields of: Artificial Intelligence, Blockchain, Data (deep learning/big data), Internet of Things (IoT), Robotics (incl. drones), Virtual Reality/Augmented Reality/Mixed Reality
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