Lumoo develops an AI-driven platform that generates highly accurate virtual try-ons and automated brand modeling, allowing fashion retailers to visualize products more precisely and lower return rates. Founded by industry veterans Peter Thörngren and Henrik Skagerlind Fasth, the company has already partnered with Nordic brands such as Gant, Brothers, and AWNR Group. The technology differentiates itself from earlier fashion-tech solutions by focusing squarely on minimizing return costs rather than design or inventory management. With the newly raised capital, Lumoo plans to accelerate hiring and product development in order to set a global standard for AI-powered apparel visualization. Management intends to use the funding to support international expansion and meet growing client demand. Lumoo is targeting €1 million in annual recurring revenue (ARR) within its first year of commercial rollout, underscoring its growth ambitions.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2025