The Bucharest-based startup dedicated to enhancing the mobility of the blind and visually impaired, .lumen has raised €1 million from private investors via SeedBlink. Co-investors, including the European Innovation Council and Venture to Future Fund, contributed €4 million.
- Founded by Cornel Amariei, .lumen is a startup dedicated to enhancing pedestrian mobility through itsflagship product, .lumen Glasses, and the underlying PAD AItechnology. According to the startup, these products were designed to provide visually impaired individuals with unprecedented levels of independence and safety.
- On July 16, Cornel Amariei, CEO and founder of .lumen, presented the company’s vision and technology to over 600 investors. According to him, .lumen’s Glasses for the Blind leverages Pedestrian Autonomous Driving (PAD AI) technology to replicate the functionalities of a guide dog.
Cornel Amariei, CEO and founder of .lumen
This record round on SeedBlink is a testament to the potential for innovation in Romania. Despite being ranked as the least innovative country in the EU by the official Innovation Scoreboard, we believe Romania can deliver life-changing innovations to the world. Thank you for sharing this belief, — Cornel Amariei, CEO & founder of .lumen, stated.
Details of the investment:
The investment was led by the European private investors via the Romanian SeedBlink, an all-in-one equity and investment platform that provides the infrastructure, financial services, and network coverage for European tech companies.
.lumen’s was also supported by key co-investors, including the European Innovation Council and Venture to Future Fund, which have contributed €4 million to the €5 million funding round. The funding round will support .lumen’s strategic goal, including the limited-series launch in Q4 2024 and the entry into the US market in Q4 2025. The company aims to sell 10,000 units by the end of 2026.
