Lumitics - About the company
Lumitics is an acquired company based in Singapore (Singapore), founded in 2017 by Rayner Loi. It operates as a Provider of waste management solution for food and beverage industry. Lumitics has raised $557K in funding from ReadyVentures. The company has 140 active competitors, including 29 funded and 4 that have exited. Its top competitors include companies like Mill, Winnow and Phenix.
Company Details
Lumitics is a technology company that provides a waste management solution for the food and beverage industry. It offers 'Insight', which is a waste tracker that uses AI for recognizing complex items.
- Website
- lumitics.com
Key Metrics
Founded Year
2017
Location
Singapore, Singapore
Stage
Acquired
Total Funding
$557K in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 140 active competitors
Employee Count
14 as on Jul 31, 2026
Exit Details
Acquired by Winnow (Jul 16, 2026)
Legal entities associated with Lumitics
Lumitics is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GOOD FOR FOOD PTE. LTD CIN: 201711893G , Singapore, Active | Mar 12, 2016 | - | - | |
GOOD FOR FOOD PTE. LTD. CIN: 201711893G , Singapore, Active | Apr 30, 2017 | - | - |
Lumitics's acquisition details
Lumitics got acquired by Winnow on Jul 16, 2026.
Click here to take a look at Lumitics's acquisition in detail
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Lumitics's funding and investors
Lumitics has raised a total funding of $557K over 3 rounds. Its latest funding round was a Seed round on Jan 14, 2020 for $*****. 4 investors participated in its latest round. Lumitics has 17 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Lumitics:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 14, 2020 | 3511990 | Seed | 8457836 | 8780367 | 3806533 | 4890009 |
View details of Lumitics's funding rounds and investors
Lumitics' founders and board of directors
Founder? Claim ProfileThe founders of Lumitics is Rayner Loi.
Here are the details of Lumitics' key team members:
- Rayner Loi: Co-founder and CTO of Lumitics and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Lumitics' Board of Directors
Lumitics's board has 3 active members. Rayner Loi is part of team and Franck Courmont and Cocks Nicholas Campbell are independent board members.Here is the list of Lumitics' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 2m | |
iaqfuel | Team | - | Past | 4y 4m |
Independent board member | - | Current | 6y 10m | |
gjxzxag | Independent board member | - | Current | 5y 5m |
{sgmvaq | Independent board member | - | Past | 5y 4m |
View details of Lumitics's Founder profiles and Board Members
Lumitics' employee count trend
Lumitics has 14 employees as of Jul 26. Here is Lumitics's employee count trend over the years:
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Lumitics's Competitors and alternates
Top competitors of Lumitics include Mill, Winnow and Phenix. Here is the list of Top 10 competitors of Lumitics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mill 2020, San Bruno (United States), Series C | Provider of the smart bin | $70M | 70/100 | |
2nd | Winnow 2013, London (United Kingdom), Series C | Food waste tracking and management solutions provider | $36.6M | 68/100 | |
3rd | Provider of food waste management software solutions for businesses | $32.7M | 59/100 | ||
4th | Orbisk 2019, Utrecht (Netherlands), Series A | Provider of AI-based food waste monitoring system | $9.68M | 59/100 | |
5th | Provider of waste management solution for food and beverage industry | $557K | 59/100 | ||
6th | Technology solutions provider for food waste management | - | 51/100 | ||
7th | Glacier 2019, San Francisco (United States), Series A | Provider of AI-based automated waste sorting robots | $28.2M | 50/100 | |
8th | Provider of recycling solutions using packaging recognition and fill-level sensor data | $1.21M | 49/100 | ||
9th | Delivery Hero Ventures 2021, Berlin (Germany), Unfunded | Cloud-based platform for food delivery | - | - | 48/100 |
10th | Bigbelly Solar 2003, Newton (United States), Series A | Smart waste collection systems provider | $4.3M | 47/100 |
Looking for more details on Lumitics's competitors? Click here to see the top ones
Lumitics's Investments and acquisitions
Lumitics has made no investments or acquisitions yet.
Reports related to Lumitics
Here is the latest report on Lumitics's sector:
News related to Lumitics
Media has covered Lumitics for 1 event in last 1 year.
•
•
Etihad Airways Teams up With Lumitics To Reduce Inflight Food WastageAlBawaba•Sep 13, 2020•Etihad Airways, Lumitics
•
Lumitics raises seed funding to track the food wasted by Singapore's F&B outlets and restaurantse27•Jan 14, 2020•Lumitics, ReadyVentures, Temasek Foundation, Startup-O and 4 others
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