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Lumo secures USD 7 million in venture funding to support product development and expansion
Smart Farming
May 14, 2024
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Smart Farming

Smart Farming

May 14, 2024

Lumo secures USD 7 million in venture funding to support product development and expansion

Funding

  • Lumo, a startup specializing in smart irrigation technology, has secured USD 7 million in a funding round led by Active Impact Investments and Fall Line Capital.

  • The funding will be used to further research and product development and fast-track the expansion of its market reach. 

  • Lumo, founded in 2021, is a California-based AgriTech company that develops state-of-the-art irrigation solutions. As of May 2024, the company’s “Lumo One Smart Valve” and “OPS Centre” were used by several leading growers across Napa, Sonoma, and the Central Coast.

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