The Venture Codex Logo

The Venture Codex

Luminate

260 East Main Street Suite 6000, Rochester, NY, 14604, United States

Overview

Startup accelerator for next-gen optics, photonics, and imaging.

Founded

2017

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A
Series B

Geographic focus

Belgium
Denmark
Finland
Nigeria
...

Sector focus

Business Development
Business Intelligence
Finance
Financial Services

Investment portfolio

11rounds
NAMEDATESIZE
SeeTrue Technologies
Aug 2026Participated
$3 MOther Equity
Swave Photonics
Jan 2025Participated
$31 MSeries A
Swave Photonics
Jun 2023Participated
$3 MSeed
PreAct Technologies
Apr 2023Participated
$20 MSeries B
OWL Autonomous Imaging
Jan 2022Participated
$15 MSeries A
Uptrust
May 2021Led
$2 MSeed
Nordetect
Mar 2021Led
$2 MSeed
SunDensity
Oct 2020Participated
$3 MOther Equity
Stears
Apr 2020Participated
$0.60 MSeed
Unite Us
Mar 2019Participated
$35 MSeries B
DoubleHelix
Jul 2018Led
$1 MOther Equity
SeeTrue Technologies
Aug 2026Participated
$3 MOther Equity
Swave Photonics
Jan 2025Participated
$31 MSeries A
Swave Photonics
Jun 2023Participated
$3 MSeed
PreAct Technologies
Apr 2023Participated
$20 MSeries B
OWL Autonomous Imaging
Jan 2022Participated
$15 MSeries A
Uptrust
May 2021Led
$2 MSeed
Nordetect
Mar 2021Led
$2 MSeed
SunDensity
Oct 2020Participated
$3 MOther Equity
Stears
Apr 2020Participated
$0.60 MSeed
Unite Us
Mar 2019Participated
$35 MSeries B
DoubleHelix
Jul 2018Led
$1 MOther Equity
11
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Luminate: 11 funding rounds are recorded in the selected participation categories.All available history.
Luminate: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed22
Series A02
Series B02
Other Equity12

Monthly Deal Activity

Luminate: 11 deals are recorded across 100 months.All available history.
Luminate: 11 deals are recorded across 100 months. All available history
MonthDeals
Jul '181
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '191
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '201
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '201
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Luminate: Hardware & Robotics is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Luminate: Hardware & Robotics is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Hardware & Robotics4
Manufacturing4
Enterprise Software3
AR/VR3
Space & Frontier Tech3
Data, Analytics & IT2
Transportation & Logistics2
Networks, Cloud & Communication2
Health & Life Sciences2
Cybersecurity & Privacy1
Clean Energy & Sustainability1
Media & Entertainment1
AI & Machine Learning1
Food & Agriculture1
Professional Services1

Deal Size Distribution

Luminate: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Luminate: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M0
$10M-$25M2
$25M-$50M2
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Luminate: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Luminate: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Europe4
Nigeria1
Luminate: 20 co-investors are shown, with imec.xpand sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Luminate: 20 co-investors are shown, with imec.xpand sharing 2 recorded deals. All available history
Co-investorShared deals
imec.xpand2
New York Ventures2
Qbic2
State Farm Ventures2
Acequia Capital1
Clean Energy Venture Group1
Clean Energy Ventures1
Decarceration Fund1
Define Ventures1
EIC Fund1
Excell Partners1
Flanders Future Tech Fund1
I Squared Capital1
IAG Capital Partners1
imec1
LaunchNY1
MHNW Consortium1
Murata Electronics1
North Karelia Growth Fund1
Oak HC/FT1

Investment Strategy

Luminate: Led accounts for 27% and participating for 73% of round participation.All available history.
Luminate: Led accounts for 27% and participating for 73% of round participation. All available history
CategoryDeals (count)Share (%)
Led327%
Participating873%
Luminate: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Luminate: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Gary Nothhard

Optical Metrology Technician

Sujatha Ramanujan

Managing Director & Founder