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Series A Fundraise Success

Lumachain has just announced it has raised US$19.5 million in Series A funding, led by Bessemer Venture Partners with participation from existing investor Main Sequence. This represents an exciting new phase – allowing Lumachain to accelerate the roll out of its world-first computer vision-based artificial intelligence platform at meat and food processing plants across the U.S. and globally.

Tess Hatch, partner at Bessemer Venture Partners.

We’re excited to partner with Lumachain to support their continued expansion, as they transform the global meat industry. Their technology platform and deep customer relationships are an impressive achievement already, at a time when innovation and ESG are top of mind in industry and society. We look forward to partnering in Lumachain’s continuing success.

Aug 9, 2022,06:30am EDT

For the full press release, please click the link below.