Leumas raises Rs.7 Crore in a pre-seed funding round
Summary
The company aims to harness the funds towards technology development, team building and GTM rollout to help brands move to digital manufacturing for enhanced business outcomes.With the pre-seed funding, Leumas intends to re-imagine the legacy factory system by leveraging advancements in emerging technologies viz. The company will also work towards the addition of process-line capabilities to its nano-factories and strengthening the Leumasware platform with the ultimate vision of becoming the new factory order for process industries.On the funding, Nitesh Kumar, Co-Founder and CEO, Leumas said, Leumas is solving for volume, variety, and cost limitations of the legacy manufacturing systems through our innovative Digital Factory Solution. Look forward to partnering with brands on their concept to scale up journey.The funds raised will also be allocated towards building an A Team to support growth of the company in areas of GTM, technology, manufacturing, and Ops. We are very excited to be part of this endeavour said, Vibhore Sharma, Partner at Capital 2B.With the changing retail-mix and emerging of D2C models, more and more brands are recognising the need to successfully translate customer insights into products fast and win in fragmented consumer segments. Leumas also ensures the highest standards of product quality with its patented robotic preparation helping brands go from concept to scale in record time and at a fraction of the cost.