Tech Company Financing Transactions
Luminous Group Funding Round
On 11/8/2023, Luminous Group raised $1.2 million in investment from North East Venture Fund, European regional development fund and Mercia Ventures.
Transaction Overview
Company Name
Announced On
11/8/2023
Transaction Type
Venture Equity
Amount
$1,224,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to roll its technology out to a wider audience and create 10 new jobs in the year ahead. The funding will also enable it to further enhance its platform to make it fully 'self service', enabling companies to create their own training programs, and to launch a new marketplace where training providers can sell their own content.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Toffee Factory Lower Steenbergs Yard, Ouseburn Tyne & Wear,
Tyne, England, NE1 2DF
UK
Tyne, England, NE1 2DF
UK
Phone
Website
Email Address
Overview
The Luminous Group started life in 2004 in Newcastle Upon Tyne under the name Digital Surveys. As Digital Surveys the company specialised in 3D mapping and dimensional control services in the energy and construction sector. The company pioneered the use of 3D laser scanning to digitise complex environments to create detailed as-built 3D models, simulations, and visualisations of real-world locations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Bennett
Chief Financial Officer
Malcolm Holloway
Chief Technical Officer
Nigel Hope
Browse more venture capital transactions:
Prev: 11/8/2023: Ensol venture capital transaction
Next: 11/8/2023: Ritual venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs