Lumafield Raises $75M in Series C Funding

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Summary

Lumafield, a Cambridge, MA-based developer of industrial X-ray CT technology, raised $75M in Series C funding. The round was led by IVP led and included new investors G2 Venture Partners and Wellington Management along with existing investors Spark Capital, DCVC, Kleiner Perkins, Lux Capital, and Matter Venture Partners. The company intends to use the funds to accelerate its expansion into factory applications, advancing hardware and software. Led by CEO Eduardo Torrealba, Lumafield enables engineers to see inside their work at every stage of the product development process. Its industrial X-ray CT scanners and cloud-based analysis software have applications for both product development and high-volume manufacturing in industries as diverse as medical devices, athletic equipment, electronics, and consumer packaging.

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