# Lumavita

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

- Industry: Biotechnology
- Headquarters: Basel, Switzerland
- Website: www.lumavita.com
- Total disclosed funding: $23M
- Latest round: Series A (Jun 24, 2009)
- Investors on record: 5

## About

Lumavita AG is a Swiss-based company specializing in broadcast engineering, cloud computing, and media consulting, providing comprehensive solutions to enhance workflow efficiency and content delivery for varied clients.Founded in 2006 and headquartered in Basel, Switzerland, Lumavita AG focuses on innovative media solutions. The company has executed a total of 3 deals, with its most recent funding round being a Series B in September 2010, raising EUR 8 million, which is also the total amount raised. Lumavita specializes in broadcast engineering, cloud computing, and media consulting, offering a suite of services designed to enhance workflow efficiency and content delivery for businesses across various sectors. Their core offerings include advanced video compression technologies, innovative streaming solutions, and comprehensive media strategies tailored for large-scale events, such as the Olympics and FIFA World Cup. By providing customizable solutions, Lumavita addresses the unique challenges faced by organizations looking to optimize their media output and improve audience engagement. The company's client base comprises enterprises in diverse fields, including sports, entertainment, and corporate sectors, with a focus on markets in North America, Europe, and Asia-Pacific. Through strategic planning and implementation, Lumavita empowers brands to succeed in multi-market environments, ensuring their services meet the evolving demands of the global media landscape.Lumavita generates revenue through a structured approach that encompasses both business-to-business (B2B) offerings and direct client engagements. Transactions typically involve the provision of subscription-based services for media consulting and cloud computing solutions, enabling clients to access advanced technologies and support on an ongoing basis. Additionally, the company may establish partnerships with clients for large-scale event streaming services, which can include comprehensive packages tailored to specific needs. The financial model is designed to support varying client requirements, with clear pricing structures associated with core services, enhancing the ability for clients to budget for their media needs effectively. Lumavita's flagship services are integral to its revenue strategy, positioning the company in the broadcast and media consulting space.In September 2010, Lumavita AG raised EUR 8 million in Series B financing to support its expansion and product development strategies. The company is focusing on introducing new products aimed at enhancing media technologies and streamlining event broadcasting, with launches expected in upcoming years. Lumavita also plans to expand into new geographic regions, particularly targeting markets in Asia-Pacific and North America by 2025.

## Funding rounds

- Series A, Jun 24, 2009, $5.6M — Endeavour Vision, HealthCap
- Series A, Sep 2, 2008, $18M — Atlas Venture, BioMed Partners, BB Biotech

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A
- BioMed Partners (https://capitalatlas.ai/funds/biomed-partners) — Series A
- BB Biotech (https://capitalatlas.ai/funds/bb-biotech) — Series A
- Endeavour Vision (https://capitalatlas.ai/funds/endeavour-vision) — Series A
- HealthCap — Series A
