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.
- Website
- www.lumos-global.com/
- Email ID
- *****@lumos-global.com
Key Metrics
Founded Year
2013
Location
Amsterdam, Netherlands
Stage
Series A
Total Funding
$40M in 7 rounds
Latest Funding Round
Investors
Ranked
1st among 102 active competitors
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:
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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 |
View details of Lumos's funding rounds and investors
Lumos' founders and board of directors
Founder? Claim ProfileLumos' employee count trend
Lumos has 198 employees as of Aug 26. Here is Lumos's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lumos 2013, Amsterdam (Netherlands), Series A | Distributed solar power for off-grid regions | $40M | 50/100 | |
2nd | Provider of solar power solutions for residential and commercial | $30M | 44/100 | ||
3rd | Heirs Energies 2021, Lagos (Nigeria), Funding Raised | Operator of upstream assets and exploration opportunities across the energy value chain | - | 37/100 | |
4th | FirstElectric 2019, Lekki (Nigeria), Unfunded | Provider of solar energy services | - | - | 25/100 |
5th | Pirano Energy 2018, Lagos (Nigeria), Funding Raised | Provider of solar solutions that help reduce costs by minimizing generator and grid usage | - | 24/100 | |
6th | Western Buckland 2015, Ikeja (Nigeria), Public | Provider of telecoms infrastructure, renewable energy, and logistics solutions | - | - | 24/100 |
7th | Juststandout 2008, Lekki (Nigeria), Public | Provider of alternative energy solutions and electrical services | - | - | 24/100 |
8th | Auxano Solar 2016, Lagos (Nigeria), Unfunded | Privately owned PV manufacturing company in Nigeria, specializing in solar energy solutions. | - | - | 22/100 |
9th | Provider of solar energy services for home & business | - | - | 22/100 | |
10th | 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
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Dutch Firm Signs Nigerian Deal to Recycle Solar Power BatteriesBloombergQuint•Mar 18, 2021•Lumos, Hinckley Group
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Lumos secures $35 million solar investment to power one million people in NigeriaAfrica Business Communities•Sep 15, 2020•Lumos, FMO, DFC
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Lumos secures FMO funding to power clean energy revolution in West AfricaAfrica Business Communities•Jul 29, 2020•Lumos, FMO
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Boost for Off-Grid Solar as Lumos Global Reports Exponential Growth in 2017PR Newswire•Jan 15, 2018•Lumos
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