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Lunio raises undisclosed amount in venture funding for international expansion
Marketing Automation
Jul 1, 2024
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Marketing Automation

Marketing Automation

Jul 1, 2024

Lunio raises undisclosed amount in venture funding for international expansion

Funding

  • Lunio, a marketing data and analytics platform, has raised an undisclosed investment from Praetura Ventures, with participation from existing backers Smedvig Ventures and Fuel Ventures.

  • With this fresh capital injection, Lunio plans to expand into new sectors and international markets such as Europe and the US.

  • Analyst QuickTake: Lunio's new capital builds on its September 2022 Series A funding, where it raised USD 18 million to advance its technology and expand geographically in the EMEA and North American markets. This time, the expansion will likely be more strategic and robust, using the new capital to deepen market penetration and increase local presence.

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