# LUMA Vision

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luma-vision

- Industry: Medical Devices & Equipment
- Headquarters: Dublin, Ireland
- Website: wwww.lumavision.com
- Total disclosed funding: $42M
- Latest round: Series A (Dec 18, 2023)
- Investors on record: 6

## About

Based in Dublin, Ireland, OneProjects Design Innovation Ltd specializes in innovative imaging solutions that enhance visual experiences across multiple sectors, focusing on advanced imaging technologies for medical diagnostics, industrial inspections, and security surveillance.OneProjects Design Innovation Ltd, founded in 2017 and headquartered in Dublin, Ireland, focuses on developing high-resolution imaging solutions. The company was established by Aditya Jha, Christoph Hennersperger, Fionn Lahart, and Sandeep Singh. In its short history, OneProjects has completed 5 deals, with the latest funding being a Series A round in which they raised USD 22.00 mn from investors including Atlantic Bridge, Bayern Kapital, EQT Life Sciences, and Imec.xpand. This Series A funding represents the total amount raised by the company to date.OneProjects Design Innovation Ltd specializes in delivering innovative imaging solutions aimed at enhancing visual experiences across various sectors. Their flagship offerings include advanced imaging technologies designed for applications in medical diagnostics, industrial inspections, and security surveillance. These products leverage algorithms and high-resolution sensors to provide users with precise and detailed visual data, enabling effective decision-making in critical situations. The company targets a diverse client base, including hospitals, manufacturing facilities, and government agencies, serving end users who require high-quality imaging for accurate analysis and monitoring. Their products are available in North America and Europe, establishing a strong presence by addressing specific industry needs and regulatory requirements.OneProjects Design Innovation Ltd generates revenue primarily through direct sales and service agreements with its clients. The company employs a business-to-business (B2B) model, where transactions typically involve customized contracts based on the specific needs of each client, including substantial installation and maintenance services. Revenue streams may also include recurring fees from subscription services that provide ongoing software updates and support. Specific pricing plans for their imaging solutions are structured around the complexity and scale of the installation, reflecting the sophisticated technology and tailored support necessary for each deployment. Partnerships with distributors and technology integrators play a critical role in expanding the company's market reach and enhancing revenue potential. For the year 2022, the company reported a revenue of USD 0.OneProjects Design Innovation Ltd is focused on expanding its product offerings and market reach. The company is developing new imaging technologies designed for additional applications in healthcare and industrial sectors, with plans to launch these products within the next 12 to 18 months. They are also targeting market expansion into Asia and Latin America, aiming to establish a presence in these regions by 2025. Recent funding from MaasInvest will be utilized to accelerate the development of new products and support the geographic expansion initiatives.

## Funding rounds

- Series A, Dec 18, 2023, $22M — EQT Life Sciences, Atlantic Bridge, Bayern Kapital, Imec.xpand
- Series A, Oct 14, 2021, $8M — EQT Life Sciences, Atlantic Bridge, Imec.xpand, European Innovation Council
- Series A, Jun 23, 2020, $12M — EQT Life Sciences, Atlantic Bridge, Enterprise Ireland

## Investors

- EQT Life Sciences (https://capitalatlas.ai/funds/eqt-life-sciences) — Series A
- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series A
- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Series A
- Imec.xpand (https://capitalatlas.ai/funds/imec-xpand) — Series A
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series A