LumenRadio AB

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.

LumenRadio AB - overview

Established

2008

Location

Gothenburg, -, Sweden

Primary Industry

IT Infrastructure

About

LumenRadio is a technology company specializing in advanced wireless communication solutions for control systems in entertainment, HVAC, and industrial IoT sectors, known for their innovative wireless DMX and control systems. Founded in 2008 and headquartered in Gothenburg, Sweden, LumenRadio designs advanced wireless communication systems. The company operates independently without any known subsidiaries or parent companies, and there are no notable pivots in their business strategy. The firm has been a target for investment rounds, securing funding to further its development initiatives.


LumenRadio specializes in the design and manufacture of advanced wireless communication solutions aimed at enhancing control systems across various domains, including entertainment lighting, architectural lighting, HVAC, and industrial IoT applications. The company's core product offerings include the wireless DMX CRMX systems, W-DALI and W-Modbus solutions, as well as a suite of complementary accessories. These systems enable seamless wireless communication, eliminating the need for extensive cabling, thereby facilitating quicker installations and upgrades in existing infrastructures. LumenRadio's technologies are utilized in challenging environments where reliability and energy efficiency are paramount, serving clients in sectors such as theatre, street lighting, and smart building automation.


Their products are marketed and sold primarily in Europe, North America, and select regions in Asia, catering to a diverse clientele that includes lighting designers, building automation specialists, and industrial operators. LumenRadio generates revenue through a structured business model that encompasses direct sales of its wireless communication products and solutions to B2B clients in various industries. The firm engages in partnerships with distributors and OEMs, facilitating broader market access while maintaining direct relationships with end-users. Clients typically purchase flagship products such as the CRMX wireless DMX systems and W-DALI control modules through structured pricing plans that may involve bulk purchasing agreements or long-term contractual arrangements.


The company’s revenue structure reflects a focus on providing high-quality, dependable solutions that meet the specific needs of its customers, ensuring ongoing demand for its innovative wireless technologies within the lighting and automation sectors. LumenRadio is planning to introduce new products tailored for the evolving needs of the lighting and automation market. The company aims to expand its operations into South America and Asia by 2025, leveraging recent funding to enhance its product development and market entry strategies. The funding will support the launch of innovative technologies aimed at improving efficiency and reliability in wireless communication.


Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.lumenradio.com/

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.