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Luminous Ventures

Venture Capital

Luminous Ventures partners with founders solving large problems using science and technology.

Portfolio

3

companies


Portfolio companies

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LGN Innovations

LGN Innovations develops technology to help enterprises scale resilient edge artificial intelligence systems.

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Magdrive

Magdrive develops advanced plasma thruster technology for the space industry.

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Astroscreen

Astroscreen builds technology to detect disinformation carriers and botnets on social networks.


Team

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Lomax Ward

Co-Founder and General Partner

Lomax serves as a general partner at Outsized Ventures and co-founded Luminous Ventures. He holds board and non-executive oversight roles across several companies alongside his fellowship.

LinkedIn

Recent investments

Seed
£1.5M

The seed round was backed by Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover.

"AI has huge implications for the way businesses operate, yet so much of the modelling is done in carefully controlled test environments. When deployed in real world situations, anomalies always occur, which disrupts lab-grown models and undermines companies’ efforts to revolutionise how they use autonomous systems effectively. By scaling edge AI, optimising the endpoints collecting the data, and making models more resilient, we are radically accelerating learning and, in doing so, giving our customers a competitive advantage in a crowded marketplace."
— Daniel Warner, CEO
Seed
£1.4M

The seed round was led by Founders Fund with participation from several investors and a public grant.

"We are thrilled to back this innovative group out of the UK, there have been many attempts at small satellite propulsion innovation over the past decade, but they have been marginal improvements on pre-existing technology, Magdrive is the first step-change improvement offering the best of chemical and electric propulsion in a single system."
— Delian Asparouhov, principal
Seed
£770K

The seed round was led by Speedinvest to support the development of disinformation detection technology.

"While I was building my previous start-up I saw at first-hand how biased, polarising news articles were shared and artificially amplified by vast numbers of fake accounts. This gave the stories high levels of exposure and authenticity they wouldn’t have had on their own."
— Ali Tehrani, CEO