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Venture Capital News: Lumo Scoops Up $7M

2024-05-14
NAPA COUNTY, CA, Lumo has raised a $7 million funding round from Active Impact Investments and Fall Line Capital.
Lumo, a connected irrigation company that helps growers save time, money, and water with patented smart-valve technology, has raised a $7 million funding round from Active Impact Investments and Fall Line Capital.

Lumo is a smart irrigation company that supports growers and tackles water challenges head on using the most advanced water technology available today. The Lumo One smart valve allows growers to precisely control and measure how much water is applied to their crops at all times, reducing labor costs, excess water usage and eliminating irrigation guesswork.
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