# Lumai funding: rounds and investors

> Lumai has raised $13M across 2 rounds since 2022. Investors include Constructor Capital, IP Group and M Ventures. Every round with its source.

Source: https://millionrounds.com/company/lumai (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Lumai*

2 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Hardware & Electronics

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Funding summary Updated 5 Nov 2026

**$13M** raised across 2 rounds since 2022, from 2 sources

**$3.4M** Round **$10M** Round

- **Latest round:** Round, $10M Apr 2025
- **Led by:** Constructor Capital
- **Step-up i:** 2.9×
- **Investors:** 11 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025

**$3.4M** Round

**$10M** Round

- **First round:** Round, $3.4M
- **Biggest round:** $10M
- **Between rounds:** 3.3 years

## The rounds

- **Apr 2025** Round **$10M** *11 new* [Constructor Capital](https://millionrounds.com/fund/constructor-capital) Lead [IP Group](https://millionrounds.com/fund/ip-group) [M Ventures](https://millionrounds.com/fund/m-ventures) [Runa Capital](https://millionrounds.com/fund/runa-capital) [nVentures](https://millionrounds.com/fund/nventures-2) [LIFTT](https://millionrounds.com/fund/liftt) [PhotonVentures](https://millionrounds.com/fund/photonventures) [State Farm Ventures](https://millionrounds.com/fund/state-farm-ventures) [Qubits Ventures](https://millionrounds.com/fund/qubits-ventures) [TIS Inc](https://millionrounds.com/fund/tis-inc) Journey Ventures Reported by TechStartups
- **Jan 2022** Round **$3.4M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Lumai filed 2 raises, $3.9M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2025 **$2.1M** UK share allotment
- Jan 2022 **$1.7M** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2022 **Round** 2025 [Constructor Capital](https://millionrounds.com/fund/constructor-capital) L [IP Group](https://millionrounds.com/fund/ip-group) [M Ventures](https://millionrounds.com/fund/m-ventures) [Runa Capital](https://millionrounds.com/fund/runa-capital) [nVentures](https://millionrounds.com/fund/nventures-2) [LIFTT](https://millionrounds.com/fund/liftt) [PhotonVentures](https://millionrounds.com/fund/photonventures) [State Farm Ventures](https://millionrounds.com/fund/state-farm-ventures) [Qubits Ventures](https://millionrounds.com/fund/qubits-ventures) [TIS Inc](https://millionrounds.com/fund/tis-inc)

## Everyone who backed them

[Constructor Capital](https://millionrounds.com/fund/constructor-capital) VC firm **1** round, led 1

[IP Group](https://millionrounds.com/fund/ip-group) VC firm **1** round

[M Ventures](https://millionrounds.com/fund/m-ventures) Corporate VC **1** round

[Runa Capital](https://millionrounds.com/fund/runa-capital) VC firm **1** round

[nVentures](https://millionrounds.com/fund/nventures-2) VC firm **1** round

[LIFTT](https://millionrounds.com/fund/liftt) VC firm **1** round

[PhotonVentures](https://millionrounds.com/fund/photonventures) VC firm **1** round

[State Farm Ventures](https://millionrounds.com/fund/state-farm-ventures) Corporate VC **1** round

[Qubits Ventures](https://millionrounds.com/fund/qubits-ventures) VC firm **1** round

[TIS Inc](https://millionrounds.com/fund/tis-inc) Investment firm **1** round

Journey Ventures no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lumai).

## Also claim to have backed them

These 2 firms list Lumai as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Touchstone Innovations](https://millionrounds.com/fund/touchstone-innovations) VC firm Per its own site

[Blankspace Ventures](https://millionrounds.com/fund/blankspace-ventures) VC firm Per its own site

## Quick answers about Lumai

### Who invested in Lumai?

Lumai's investors include Constructor Capital, IP Group, M Ventures, Runa Capital and nVentures, and 6 more on record. Constructor Capital led its latest round.

### How much has Lumai raised?

Lumai has raised $13M across 2 rounds since 2022.

### When did Lumai last raise?

Lumai's most recent round, $10M, was in Apr 2025, led by Constructor Capital.

### What was Lumai's biggest round?

Its most recent round, $10M in Apr 2025, is also its largest on record.

### Who backed Lumai first?

Lumai's first round on record, in Apr 2025, was backed by Constructor Capital, IP Group and M Ventures and 8 others.

### Where is Lumai based?

Lumai is based in the United Kingdom.

### Who led Lumai's rounds?

Constructor Capital led the funding round in 2025.

## Companies like Lumai

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Nexgen Cloud** $179M · Oct 2026](https://millionrounds.com/company/nexgen-cloud)[**Easol** $55M · Oct 2026](https://millionrounds.com/company/easol)

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