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Lumos - About the company

Lumos is a series A company based in Amsterdam (Netherlands), founded in 2013. It operates as a Distributed solar power for off-grid regions. Lumos has raised $40M in funding from Pembani Remgro Infrastructure Managers. The company has 102 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like ARNERGY, Heirs Energies and FirstElectric.

Company Details

Lumos enables people to replace hazardous and expensive kerosene generators and lanterns with modern solar electricity that can power lights, cellphones, fans, computers, TVs and other small electronic devices (all at once, every day). By offering Solar Power as a Service, Lumos offers homes and small businesses a simple and affordable way to pay for electricity in small installments using their mobile phones.
Social
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Email ID
*****@lumos-global.com
Key Metrics
Founded Year
2013
Location
Amsterdam, Netherlands
Stage
Series A
Total Funding
$40M in 7 rounds
Ranked
Employee Count
198 as on Aug 31, 2026
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Lumos's funding and investors

Lumos has raised a total funding of $40M over 7 rounds. Its first funding round was on Apr 26, 2016. Its latest funding round was a Conventional Debt round on Sep 15, 2020 for $*****. 1 investor participated in its latest round. Lumos has 9 institutional investors.

Here is the list of recent funding rounds of Lumos:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 15, 2020
8137983
Conventional Debt
8461816
5994856
3238295
4100776
Jul 29, 2020
9491380
Conventional Debt
3777743
1976456
7064668
Dec 03, 2019
6408000
Grant (prize money)
1009458
4637078
8687904
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Lumos' founders and board of directors

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Lumos' employee count trend

Lumos has 198 employees as of Aug 26. Here is Lumos's employee count trend over the years:
Employee count trend for Lumos
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Lumos's Competitors and alternates

Top competitors of Lumos include ARNERGY, Heirs Energies and FirstElectric. Here is the list of Top 10 competitors of Lumos, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lumos
Lumos
2013, Amsterdam (Netherlands), Series A
Distributed solar power for off-grid regions
$40M
50/100
2nd
Logo for ARNERGY
ARNERGY
2013, Lagos (Nigeria), Series B
Provider of solar power solutions for residential and commercial
$30M
44/100
3rd
Logo for Heirs Energies
Heirs Energies
2021, Lagos (Nigeria), Funding Raised
Operator of upstream assets and exploration opportunities across the energy value chain
-
37/100
4th
Logo for FirstElectric
FirstElectric
2019, Lekki (Nigeria), Unfunded
Provider of solar energy services
-
-
25/100
5th
Logo for Pirano Energy
Pirano Energy
2018, Lagos (Nigeria), Funding Raised
Provider of solar solutions that help reduce costs by minimizing generator and grid usage
-
24/100
6th
Logo for Western Buckland
Western Buckland
2015, Ikeja (Nigeria), Public
Provider of telecoms infrastructure, renewable energy, and logistics solutions
-
-
24/100
7th
Logo for Juststandout
Juststandout
2008, Lekki (Nigeria), Public
Provider of alternative energy solutions and electrical services
-
-
24/100
8th
Logo for Auxano Solar
Auxano Solar
2016, Lagos (Nigeria), Unfunded
Privately owned PV manufacturing company in Nigeria, specializing in solar energy solutions.
-
-
22/100
9th
Logo for PAM
PAM
2013, Lekki (Nigeria), Unfunded
Provider of solar energy services for home & business
-
-
22/100
10th
Logo for White Consult Technology
White Consult Technology
2014, Lagos (Nigeria), Unfunded
Providing power supply solutions for homes and SMEs using renewable energy
-
-
22/100
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Lumos's Investments and acquisitions

Lumos has made no investments or acquisitions yet.

Reports related to Lumos

Here is the latest report on Lumos's sector:

News related to Lumos

lockFilter this list
•
MTN Nigeria, Lumos Launch Mobile Electricity PackageBusiness Post Nigeria•Aug 16, 2022•MTN, Lumos
•
Lumos secures FMO funding to power clean energy revolution in West AfricaAfrica Business Communities•Jul 29, 2020•Lumos, FMO
•
Nigeria’s Lumos announces mobile phone-centred powercpifinancial.net•Dec 05, 2017•Lumos
•
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FAQs about Lumos

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