What does LuminX do?
LuminX is an AI-driven company that provides inventory automation and real-time visibility solutions by leveraging Vision Language Models on edge devices. Their technology is designed to help businesses reduce costs, improve accuracy, and streamline warehouse and logistics operations.
How much did they raise?
The company raised $5.5M in Seed funding with leading investments from 1Sharpe, GTMFund, 9Yards, Chingona Ventures, and Bond Fund.
What are their plans for the money?
With the new funding, LuminX plans to accelerate the development and deployment of its advanced inventory management solutions, aiming to transform the logistics and warehousing industry through intelligent automation.
What have they achieved so far?
LuminX has already made significant strides by developing and deploying real-time inventory visibility solutions using cutting-edge Vision Language Models on edge devices.
