|
Amazon and ITHCA Invest in Lumotive
Wednesday, July 30, 2025
Raising Series B Related Funding to $59M
REDMOND, Wash., July 22, 2025 /PRNewswire/ -- Lumotive, the pioneer in programmable optical semiconductor technology, today announced investments from Amazon Industrial Innovation Fund and ITHCA Group. The investments will help Lumotive to rapidly accelerate product deployments in industrial applications and enhance its global market presence.
The Amazon Industrial Innovation Fund backs technologies that advance automation, robotics, and next-generation industrial systems. Its support of Lumotive signals confidence in the company's game-changing approach-- replacing bulky mechanical optical components with a fully digital, reconfigurable semiconductor. Lumotive's LCM(TM) platform enables a new era of intelligent perception systems that are compact, software-defined, and essential for the factories, robots, and logistics networks of the future. With Amazon's backing, Lumotive joins a select group of transformative companies shaping the future of automation and industrial AI.
"We invest in breakthrough technologies that redefine what's possible--and Lumotive is doing just that," said Franziska Bossart, Director, Amazon Industrial Innovation Fund. "With their programmable optical beamforming chips, Lumotive is building a critical foundation for the next generation of intelligent machines. We're excited to support their mission and see broad potential for their technology in industrial automation, robotics, and beyond."
Additionally, the investment from ITHCA Group, Oman's sovereign tech fund, reflects a strategic alignment with Lumotive's breakthrough technology and the country's digital transformation goals. As Oman accelerates smart infrastructure and AI initiatives, Lumotive's entry into the region positions both sides to benefit from regional momentum and global innovation.
"This strategic investment reflects our confidence in Lumotive's world-class technology and its potential impact on the region," said Said bin Abdullah Al Mandhari, CEO of ITHCA Group. "Lumotive's presence in Oman strengthens our innovation ecosystem and supports national priorities across telecommunications, AI, and smart infrastructure. We're proud to welcome Lumotive to our growing portfolio of future-focused companies."
"These investments reinforce the transformational potential of our programmable optical semiconductor platform," said Dr. Sam Heidari, CEO of Lumotive. "As global industries embrace software-defined automation, Lumotive is uniquely positioned to deliver the intelligent sensing solutions needed for the future of robotics, logistics, and manufacturing. This funding fuels our mission to scale rapidly and lead this new wave of innovation."
The investments by Amazon and ITHCA Group, together with financing by Stifel Bank, expand the company's Series B-related funding and add to previous investments from EDOM, East Bridge, Gates Frontier, Grazia, HiMax, Hokuyo, MetaVC Partners, Quan Funds, Swisscom Ventures, and TSVC. As adoption of its optical semiconductor platform accelerates, Lumotive is positioned to power the next generation of applications across automation, mobility, smart infrastructure, and beyond.
About Lumotive Lumotive is pioneering the era of programmable optics--where light is controlled as intelligently and flexibly as software.
Our patented Light Control Metasurface (LCM(TM)) transforms photonics into a digital platform, unlocking breakthroughs in sensing, optical switching, and communication. Today, LCM technology is powering a new generation of solid-state Lidar systems--compact, software-defined, and high-performance solutions for autonomy, robotics, and smart infrastructure. With more than 200 patents and growing commercial traction, Lumotive is delivering the world's first digital platform for light--and redefining what's possible in the optical age. Headquartered in Redmond, Washington, Lumotive is backed by leading investors including Gates Frontier, MetaVC Partners, Quan Funds, Swisscom Ventures, Samsung Ventures, Amazon Industrial Innovation Fund, and ITHCA. For more information, visit www.lumotive.com.
Contact: David Wamsley, dave@rosebudpr.io
View original content:https://www.prnewswire.com/news-releases/amazon-and-ithca-invest-in-lumotive-302510180.html
SOURCE Lumotive
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
 |
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
 |
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
 |
Fresco Raises EUR15m Series C to Power the Future of AI-Driven Cooking and the Connected Kitchen Ecosystem | Jan 22, 2026
|
 |
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
 |
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
 |
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
 |
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
 |
Daikin Applied Invests $163M in Advanced R&D Test Lab to Bolster HVAC Innovation for Data Centers and Beyond | Jan 22, 2026
|
 |
Lumana Surpasses 50,000 Cameras, Cementing Its Leadership in AI Video Surveillance | Jan 22, 2026
|
|
|
|