Lumenisity
Company

Last deal

$6.93M
Local Amount - GBP 5M

Amount

Series C

Stage

05.07.2021

Date

2

all rounds

$16.61M

Total amount

date founded

Financing round

General

About Company
Lumenisity develops advanced cable solutions for high-capacity communications systems, addressing the need for massive bandwidth increases.

Industry

Sector :

Subsector :

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Founded in 2016 as a spin-out from the University of Southampton, Lumenisity is well-funded by a consortium of investors. Their hollow-core optical fiber cables unlock new capabilities in communication networks, helping data telecom markets acquire high-bandwidth connections. Recently, Microsoft acquired Lumenisity, recognizing the company's breakthroughs in hollowcore optical fibre development.
Contacts
Legal Names

Legal name

Lumenisity Limited
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M&A Details
1

Transaction name

Acquired by

Microsoft

announced date

09.12.2022

Financials

Funding Rounds
2
2

Number of Funding Rounds

$16.61M

Money Raised

Their latest funding was raised on 05.07.2021. Their latest investor Parkwalk Advisors. Their latest round Series C

Date 
Funding Round 
Investors 
Money Raised 
Lead 
05.07.2021
1
$6.93M
Local Amount - GBP 5M
30.09.2020
2
$9.69M
Local Amount - GBP 7.5M
Parkwalk Advisors

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Business Growth Fund

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count Of Investments

435

count Of Exists

63
Co-Investors
Investors
2
2

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series C, Venture - Series Unknown
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Zahir Kasmani

Zahir Kasmani

Zahir Kasmani currently works as an investor for BGF. He previously worked at KPMG UK as the deal advisory.

current job

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Mark Bryant

Mark Bryant

As Business Director of the BGF, Mark sits on the Investment Committee and assists the investment team to assess the operational capability/opportunity of potential investees. Post investment he will work closely with the existing management team to ensure maximum profitable growth is achieved. Mark works to strengthen and deepen the operating resource to ensure BGF provides the best added-value support for its investees. Mark has had 30 years’ experience in Industry, primarily as the Managing Director/CEO of a number of manufacturing Companies which include Pressurements Ltd, Druck Holdings Plc and General Electric, manufacturing a range of instrumentation and sensors covering sectors from aerospace, automotive, oil & gas to test and metrology. Other Companies include M&H Plastic a manufacturer of rigid plastic packaging for the personal care market. Export throughout the world has been a consistent aspect of these companies. Mark has sold a number of the companies he has led and has successfully integrated bolt-on acquisitions. He is married with two children and lives in Edinburgh. He has a BA (Hons) in Business Studies from Middlesex University.

current job

Magma Global
Magma Global

People

Founders
2

Francesco Poletti

current job

Lumenisity
Lumenisity

organization founded

1

Francesco Poletti

Andy Appleyard
Andy Appleyard

Andy Appleyard

Andy Appleyard is the Co-Founder and Engineering Director at Lumenisity. He attended Heriot-Watt University in 1983.

current job

Lumenisity
Lumenisity

organization founded

1

Andy Appleyard

Employee Profiles
4

Stephen Doran

Chief Operating Officer

David John Richardson

David John Richardson

Chief Scientific Officer

Andy Appleyard

Andy Appleyard

Co-Founder & Director

Francesco Poletti

Co-Founder & Director

Activity

Recent News
1