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Luminous Ventures

Europe, England, United Kingdom, London

Description

Luminous Ventures is a London-based venture capital firm with a distinct focus on breakthrough technologies that address significant global challenges, particularly within human health, sustainability, and industrial applications. Co-founded by Isabel Fox, the firm positions itself as a specialist deep tech investor, backing companies that leverage scientific and engineering advancements to create transformative solutions. Their investment philosophy centers on identifying ambitious founders who are building defensible intellectual property and have the potential for substantial societal and economic impact, often emerging from leading research institutions.

The firm primarily targets Seed and Series A stage companies, providing crucial early-stage capital and strategic support. Luminous Ventures successfully closed its first fund at £40 million in 2019, demonstrating its initial commitment to the deep tech ecosystem. Building on this momentum, they announced the close of their second fund in 2022, securing £75 million to continue and expand their investment strategy. This increased capital base allows them to deploy initial investments typically ranging from £500,000 to £3 million, with the capacity for significant follow-on funding to support portfolio companies through subsequent growth phases as they scale their technologies and operations.

Luminous Ventures is known for its hands-on approach, aiming to be true partners to their founders rather than just providers of capital. They leverage their extensive network and operational expertise to help scale complex technological ventures, assisting with everything from team building and market entry to intellectual property strategy. The firm's team brings a blend of scientific, entrepreneurial, and investment backgrounds, enabling them to thoroughly evaluate highly technical propositions and provide tailored guidance. Their commitment to fostering innovation in critical sectors underscores its role as a key player in the European deep tech investment landscape, seeking to back companies that can deliver both commercial success and positive global impact.

Investor Profile

Luminous Ventures has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 45% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Singapore.
  • Strong thematic focus on Health Care, Software, Artificial Intelligence (AI).
  • Typical check size: $635K – $3.8M.

Stage Focus

  • Seed (55%)
  • Series A (15%)
  • Series Unknown (15%)
  • Series B (5%)
  • Pre Seed (5%)
  • Convertible Note (5%)

Country Focus

  • United Kingdom (85%)
  • United States (5%)
  • Singapore (5%)
  • Canada (5%)

Industry Focus

  • Health Care
  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Machine Learning
  • Fitness
  • Life Science
  • Biotechnology
  • Industrial Automation
  • Pharmaceutical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Luminous Ventures frequently co-invest with?

InMotion Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 2
Inovia Capital
North America, Quebec, Canada, Montréal
Co-Investments: 2
7percent Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Able Partners
North America, New York, United States, New York
Co-Investments: 1
AI Seed
Europe, England, United Kingdom, London
Co-Investments: 3
Entrepreneur First
Europe, England, United Kingdom, London
Co-Investments: 2
IQ Capital
Europe, Cambridgeshire, United Kingdom, Cambridge
Co-Investments: 3
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1
Oxford Science Enterprises
Europe, Oxfordshire, United Kingdom, Oxford
Co-Investments: 2

Which angels does Luminous Ventures often collaborate with?

JB
North America, California, United States, San Francisco
Shared Deals: 1
RS
North America, California, United States, San Francisco
Shared Deals: 1
AP
Europe, England, United Kingdom, London
Shared Deals: 1
LL
Europe, England, United Kingdom, London
Shared Deals: 1
DM
North America, California, United States, San Francisco
Shared Deals: 1
Ricardo Marino
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 1
JT
Europe, England, United Kingdom, London
Shared Deals: 1
CS
North America, Rhode Island, United States, North Kingstown
Shared Deals: 1
GL
North America, Connecticut, United States, Hartford
Shared Deals: 1

What are some of recent deals done by Luminous Ventures?

Ellipsis Health

San Francisco, California, United States

Ellipsis Health develops affective computing for existing patient/care team interactions to create a real-time vital sign.

FitnessHealth CareInformation TechnologySoftware
Series AJun 15, 2021
Amount Raised: $26,000,000
Treos Bio

London, England, United Kingdom

Treos Bio, Inc. develops precision cancer immunotherapies tailored to patients' genetics.

BiotechnologyClinical TrialsHealth CareHealth DiagnosticsTherapeutics
Convertible NoteMar 31, 2021
Amount Raised: $16,418,301
LGN

London, England, United Kingdom

LGN builds the worlds most advanced Edge AI deployment software, automatically detecting anomalies at the edge for instant fine-tuning.

Artificial Intelligence (AI)HardwareInformation TechnologySensor
SeedMar 23, 2021
Amount Raised: $1,922,309
Universal Quantum

Brighton, East Sussex, United Kingdom

Universal Quantum is building quantum computers to tackle real-world problems.

ComputerInformation Technology
SeedJun 14, 2020
Amount Raised: $4,503,597
Oxford VR

Oxford, Oxfordshire, United Kingdom

Oxford VR is an evidence-based immersive treatment for serious mental illness and behavioral health.

Health CarePsychologyVirtual Reality
Series AFeb 12, 2020
Amount Raised: $12,957,950
LGN

London, England, United Kingdom

LGN builds the worlds most advanced Edge AI deployment software, automatically detecting anomalies at the edge for instant fine-tuning.

Artificial Intelligence (AI)HardwareInformation TechnologySensor
SeedOct 31, 2019
Amount Raised: $615,578
Optellum

Oxford, Oxfordshire, United Kingdom

Optellum develops an imaging biomarker for smart lung cancer detection.

Health CareMachine LearningMedical DeviceSoftware
SeedJul 16, 2019
Amount Raised: $1,240,992
Astroscreen

London, England, United Kingdom

Astroscreen protects brands and defends democracy from harmful social media manipulation campaigns also known as astroturfing.

Information Technology
SeedApr 18, 2019
Amount Raised: $1,000,000
Hadean

London, England, United Kingdom

Hadean are a venture backed startup, reimagining distributed, spatial and scalable computing for web 3.0 and the metaverse.

Cloud ComputingDeveloper ToolsMetaverseOperating Systems
Series UnknownMar 7, 2019
Amount Raised: $9,490,647
Vital Bio

Toronto, Ontario, Canada

Vital Bio is designing a new generation of tools to empower patients in monitoring health and managing the disease.

Digital MarketingHealth CareSoftware
SeedJan 23, 2019