Tech Company Financing Transactions

Lemurian Labs Funding Round

On 12/3/2025, Lemurian Labs raised $28 million in Series A financing from Hexagon, Pebblebed and 1Flourish Capital.

Transaction Overview

Company Name
Announced On
12/3/2025
Transaction Type
Debt
Venture Equity
Amount
$28,000,000
Round
Series A
Proceeds Purpose
Lemurian will use the new funding to expand its engineering team, accelerate product development and deepen collaborations with ecosystem partners focused on sustainable compute and open AI innovation.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Toronto, Ontario, L6H 0G8
CA
Phone
Undisclosed
Email Address
Overview
At Lemurian Labs, our mission is to deliver affordable, accessible, and efficient AI computers because we believe in a world where AI isn't a luxury but a tool for everyone. Our founding team brings together expertise in AI, compilers, numerical algorithms, and computer architecture with the sole purpose of reimagining accelerated computing. Our approach makes it possible for organizations of any size to equally benefit from the transformative potential of AI.
Profile
Lemurian Labs LinkedIn Company Profile
Social Media
Lemurian Labs Company Twitter Account
Company News
Lemurian Labs News
Facebook
Lemurian Labs on Facebook
YouTube
Lemurian Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jay Dawani
  Jay Dawani LinkedIn Profile  Jay Dawani Twitter Account  Jay Dawani News  Jay Dawani on Facebook
Chief Technical Officer
Theodore Omtzigt
  Theodore  Omtzigt LinkedIn Profile  Theodore  Omtzigt Twitter Account  Theodore  Omtzigt News  Theodore  Omtzigt on Facebook
Co-Founder
Vassil Dimtrov
  Vassil Dimtrov LinkedIn Profile  Vassil Dimtrov Twitter Account  Vassil Dimtrov News  Vassil Dimtrov on Facebook


 

 

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Prev: 12/3/2025: BuiltAI venture capital transaction
Next: 12/3/2025: TRIANA Biomedicines venture capital transaction

 

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Our team works diligently to report on all VC transactions involving tech companies. All VC database entries on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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