Lumai Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Lumai Limited - overview
Established
2022
Location
Oxford, -, UK
Primary Industry
Hardware
About
Based in Oxford, UK, and founded in 2022, OxONN Ltd. , dba Lumai, a spin-out from the University of Oxford and a team of optical computing and machine learning experts, is a start-up focused on the development of optical computing solutions for machine learning. Tim Weil (CEO), Xianxin Guo, Alex Lvovsky, Thomas Barrett, and James Spall are the co-founders of the company. In May 2026, Lumai raised USD 10 million in venture funding.
The company develops next-generation AI with complete optical computing for machine learning and information processing. The firm uses the backpropagation algorithm to train neural networks. Lumai is also working on an optical matrix-vector multiplier (MVM). The company’s partners include the University of Oxford, Ipgroup, and Runa Capital.
The company will use the May 2026 funding to accelerate product development, scale manufacturing, and expand its engineering team.
Current Investors
Longview Innovation , Runa Capital, Innovate UK
Primary Industry
Hardware
Sub Industries
Computer & Related Peripherals
Website
www.lumai.ai/
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.