# LM Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lm-technologies

- Industry: Electronics
- Headquarters: London, UK
- Website: www.lm-technologies.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Nov 12, 2008)
- Investors on record: 2

## About

LM Technologies is a UK-based company specializing in innovative Bluetooth and Wi-Fi modules and adapters, providing tailored connectivity solutions for diverse industries.Founded in 2004 and headquartered in London, UK, LM Technologies focuses on designing Bluetooth and Wi-Fi modules and adapters. The firm has not reported any significant business pivots or changes in operations. The latest funding round, a Seed round, raised GBP 0.3 million on November 12, 2008, from investors including Advantage Early Growth and Mercia Fund Management. The company has successfully completed one significant deal to date. The current CEO is Penelope Victoria.LM Technologies specializes in the design and delivery of Bluetooth and Wi-Fi modules and adapters, offering both off-the-shelf and custom solutions tailored to various industries' technological needs. Their product range includes innovative audio solutions that enhance wireless communication capabilities across sectors such as automotive, medical, industrial automation, smart home technology, and entertainment. By partnering with leading System on Chip (SoC) providers like Qualcomm and Realtek, LM Technologies ensures their products leverage advanced IC technology and possess a wide array of certifications for quality and reliability. Their products are marketed globally, focusing on regions investing in smart technology infrastructure.In the most recent year, 2014, LM Technologies reported a revenue of GBP 2,597,335 and an EBITDA of GBP 214,811.9. The company's revenue model includes direct sales and partnerships with distributors and retailers worldwide, primarily targeting B2B transactions in the automotive and healthcare sectors, where their Bluetooth and Wi-Fi solutions are integrated into end products. They generate revenue through individual module sales and bespoke solutions developed with clients, accommodating both large-scale orders and smaller transactions with flexible pricing plans.LM Technologies is focused on launching new products designed to enhance their current offerings and expand into additional markets. They are actively targeting growth in regions that prioritize the advancement of smart technology infrastructure. The funding raised in November 2008, amounting to GBP 0.3 million, is intended to support these initiatives and development efforts. Specific upcoming product releases or exact timelines have not been disclosed.

## Funding rounds

- Seed, Nov 12, 2008, $0.5M — Advantage Early Growth, Mercia Fund Management

## Investors

- Advantage Early Growth (https://capitalatlas.ai/funds/advantage-early-growth) — Seed
- Mercia Fund Management — Seed