💡 Our brand-new blog article is out now: Why Modern RfQ Software is the Tool to Secure your Bottom Line

Founding Luminovo

December 2017

Having met at Stanford, Timon and Seba decide to return home and join forces to build an AI solutions company that should bring the Silicon Valley spirit to corporate Germany.

One Year of Intensive AI Solution-Building

December 2018

Our projects are ramping up and we manage to scale better by narrowing our focus to image- and text-based workflows, automating complex systems and developing internal tooling.

Exploring Productization

June 2019

Despite successful AI projects, our team wants to have a bigger impact with their very own product, so we start exploring productization opportunities in parallel.

30 Projects With 20 Clients

November 2019

We successfully delivered 30 projects incl. computer vision applications, natural language processing solutions, and time-series analyses to over a dozen DAX corporations.

Luminovo Goes Electronics

January 2020

After weeks of various industry exploration, we kick off our transition away from boutique AI solutions towards a product-oriented company in the electronics industry.

20+ Employees

March 2020

We have happily onboarded 20+ Luminerds consisting of rock star engineers and incredible business talents.

Pre-Seed Funding

April 2020

We raise over 2 million euros pre-seed funding from our top investors La Famiglia VC and Cherry Ventures to develop the leading electronics software suite.

First EMS Co-Development

May 2020

Lacon Electronic GmbH joins us as the first EMS to co-develop a solution for their challenging RfQ process with us.

LumiQuote Launch

February 2021

We launch LumiQuote, the next generation EMS RfQ software as the first puzzle piece to our electronics software suite.

Remote-First

July 2021

We decide to keep an office space, but also open ourselves up to the worldwide pool of incredible talent and decided to build a hybrid, remote-first culture.

First Acquisition

October 2021

We acquire Electronic Fellows to accelerate existing processes, as well as seize new opportunities to push the interconnection of the electronics industry together.

30+ Companies

January 2022

More than 30 companies and 350+ individuals are using our software solutions by now.

Seed Funding

June 2022

To fuel our strong growth, we receive €11 million in seed funding from our first-tier investors Chalfen Ventures, Tencent, Verve Venture, Cherry Ventures and La Famiglia VC.

The Beginning

Luminovo is the brainchild of our two founders Timon Ruban and Sebastian Schaal. After their undergraduate studies in electrical engineering at TUM and ETH, they went to Stanford for their graduate studies to discover their passion for building software products, fueled with artificial intelligence. This is where they met.

They quickly became friends and started living together on campus, where they spent most of their time nerding out about machine learning. Being in the force field of the next AI revolution, they dedicated their graduate studies, research, and consecutive work experiences to the field of deep learning.

Armed with this new skill set, they decided to also join forces in the professional arena and use their talents back home, to help German companies solve business problems with user-friendly and intelligent software. To kick-off this agenda, they founded Luminovo, initially as an AI solution company.

The Beginning

Flashback to Our AI Topics of Expertise

From computer vision applications and natural language processing solutions to time-series analyses - with our former service-oriented business endeavor we covered all the facets of deep learning. We even developed our very own hybrid technology enabling seamless collaboration between humans and artificial intelligence, leveraging the best of two worlds.

Document Processing

Handling and processing scanned or digital documents is part of every corporate workflow. To reduce repetitive work we developed models that automatically classify documents, route documents given their intent, and extract relevant data points.

Image Processing

From security to manufacturing, image-based processes are present in many industries. We built models that automatically classify images and detect objects in videos.

Complex Systems

Industrial applications are often built around complex systems. We implemented models that run time series prediction tasks all the way to optimizing the control units and simulations.