Lumafield Secures $75 Million in Series C Funding for Advanced X-Ray CT Technology
March 17, 2025 - 11:46
Lumafield, an innovator in industrial X-ray computed tomography (CT) technology, has successfully completed a $75 million Series C funding round. This significant investment underscores the company's pivotal role in the realm of advanced manufacturing, particularly as the United States intensifies its efforts to regain manufacturing leadership.
The funding comes at a crucial time when businesses globally are reassessing their supply chains in light of various strategic challenges. The round was led by IVP and welcomed new investors such as G2 Venture Partners and Wellington Management. Additionally, it saw participation from existing backers including Spark Capital, DCVC, Kleiner Perkins, Lux Capital, and Matter Venture Partners.
With this influx of capital, Lumafield is poised to enhance its technological capabilities and expand its market reach, further solidifying its position in the rapidly evolving manufacturing landscape. The company's innovative solutions are expected to play a key role in shaping the future of manufacturing processes worldwide.
MORE NEWS
August 5, 2026 - 10:31
Emergency management’s AI challenge isn’t technology — it’s implementation, new reports sayNew reports from the Markle Foundation`s AI for Disasters and Emergencies Initiative suggest that artificial intelligence could significantly improve how emergency management agencies prepare for...
August 4, 2026 - 18:12
Pulse Technology’s Andy Nielsen Named a 'Difference Maker'Andy Nielsen, a business analyst at Pulse Technology and a 27-year veteran of the dealer channel, has been named a `Difference Maker` by ENX magazine. The recognition places Nielsen among a select...
August 4, 2026 - 02:51
Ameriprise Advances AI Innovation Across the Advisor and Client Experience with $1B Annual Spend on Technology and AI CapabilitiesAmeriprise Financial is pushing further into artificial intelligence, announcing that it now spends roughly $1 billion each year on technology and AI-related initiatives. The firm says the...
August 3, 2026 - 08:37
Apply Now: $12 Million for Digital Technology Research in AfricaA major funding opportunity has just opened for researchers working on digital technology projects across Africa. The Science Granting Councils Initiative, which brings together 20 national science...