Lumotive Raises $59 Million in Series B Funding Round Supported by Amazon

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Lumotive, a U.S.-based company specializing in adjustable optical semiconductor technology, has announced an additional $14 million investment round, supported by Amazon’s Industrial Innovation Fund and ITHCA Group.
This latest round raises Lumotive’s total Series B funding to $59 million, up from the initial $45 million raised in February this year.

Founded in 2017 by Gleb Akselrod and William Colleran, Lumotive develops Light Control Metasurface technology that digitally directs and shapes light, providing an advanced alternative to traditional mechanical LiDAR systems.

This technology is applied across various fields including autonomous vehicles, industrial robots, and intelligent data centers, enabling significant advancements in industrial automation, AI data centers, and defense-aerospace sectors.

As of 2025, Lumotive holds over 200 patents, continuously expanding its footprint in markets demanding sophisticated digital light control solutions, thereby reinforcing its leadership in cutting-edge semiconductor optics technology.

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