# Illumix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/illumix

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.illumix.com
- Total disclosed funding: $27M
- Latest round: Series A (Mar 20, 2023)
- Investors on record: 10

## About

Illumix, Inc. is a US-based company specializing in spatial intelligence and XR solutions, focusing on innovative technologies that enhance real-world interactions through their proprietary Spatial AI Engine.Founded in 2017 and headquartered in Redwood City, US, Illumix, Inc. operates in the XR technology space, providing solutions primarily for the entertainment and commercial sectors. The company's founders include Alex F., Kirin Sinha, and Marianne Dang, with Kirin Sinha serving as CEO. Illumix recently closed a Series A funding round of USD 18.000 mn on March 20, 2023, led by investors such as LightShed Ventures and OpenView Venture Partners, raising the total amount raised to USD 18.000 mn and the current company valuation to USD 72.114 mn.Illumix specializes in spatial intelligence and XR (extended reality) solutions, with its core offering centered around the proprietary Spatial AI Engine. The technology enables rapid localization of environments within one second, ensuring centimeter-level precision in various spaces. Illumix's platform facilitates the creation and management of spatial content primarily for entertainment, live events, and commercial venues, serving clients like Six Flags, Disney Parks, and MGM Resorts. Their products and services are marketed mainly in the United States, Europe, and select Asian markets.Illumix generates revenue through partnerships and direct engagements with enterprises across various sectors, utilizing a subscription model for access to the Spatial AI Engine and associated services. Key revenue-generating products include the Spatial AI Engine and the platform's capabilities for developing immersive experiences, like the Five Nights at Freddy's AR initiative, establishing ongoing relationships with clients.In March 2023, Illumix, Inc. raised USD 18.000 mn in Series A funding to support expansion initiatives. The company plans to enhance its product offerings and expand into new geographic markets, although specific new product launches or market details have not been disclosed. The funding will be used to bolster these growth strategies, facilitating further development in the spatial intelligence and XR sectors.

## Funding rounds

- Series A, Mar 20, 2023, $18M — Lightspeed Venture Partners, Maveron, OpenView, Sony Innovation Fund, Visible Ventures, LightShed Ventures, Raptor Digital
- Seed, Jul 27, 2018, $8.6M — Lightspeed Venture Partners, Radar Partners, Maveron, 451 Media Group, Unusual Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A
- Radar Partners (https://capitalatlas.ai/funds/radar-partners) — Seed
- Maveron (https://capitalatlas.ai/funds/maveron) — Seed, Series A
- 451 Media Group — Seed
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed
- OpenView (https://capitalatlas.ai/funds/openview) — Series A
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series A
- Visible Ventures (https://capitalatlas.ai/funds/visible-ventures) — Series A
- LightShed Ventures (https://capitalatlas.ai/funds/lightshed-ventures) — Series A
- Raptor Digital (https://capitalatlas.ai/funds/raptor-digital) — Series A