# Luminate Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luminate-medical

- Industry: Medical Devices & Equipment
- Headquarters: Galway, Ireland
- Website: www.luminatemed.com
- Total disclosed funding: $41M
- Latest round: Series A (Dec 8, 2025)
- Investors on record: 8

## About

Founded in 2018 and based in Galway, Ireland, Luminate Medical operates as a medical equipment manufacturer that develops devices used for the treatment of hair loss caused by chemotherapy. In December 2025, Luminate Medical raised USD 21 million in series A funding co-led by an individual investor and ARTIS Ventures, with participation from 8VC, Y Combinator, Atlantic Bridge, Faber Ventures, and SciFounders. Western Alliance Life Sciences also participated in the round.

The company provides technology, LILY, to prevent hair loss during chemotherapy. The firm's portable wearable solution allows patients to maintain their confidence and dignity during treatment.  Luminate Medical generates revenue by providing home cancer infusion services to oncology clinics and insurers, and selling devices for side effect prevention and monitoring.

The company will use the December 2026 funding to support its growth and open more home cancer care infrastructures.

## Funding rounds

- Series A, Dec 8, 2025, $21M — Atlantic Bridge, ARTIS Ventures, Y Combinator, Faber Ventures, 8VC, SciFounders
- Series A, Sep 18, 2024, $15M — ARTIS Ventures, Faber Ventures, 8VC, Metaplanet Holdings, SciFounders
- Seed, May 30, 2022, $5M — Faber Ventures, Elkstone Ventures, SciFounders

## Investors

- Faber Ventures (https://capitalatlas.ai/funds/faber-ventures) — Seed, Series A
- Elkstone Ventures (https://capitalatlas.ai/funds/elkstone-ventures) — Seed
- SciFounders (https://capitalatlas.ai/funds/scifounders) — Seed, Series A
- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Series A
- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A