Lumen Robotics
Everything that has happened with this deal, newest first — the updates, calls and financials they've sent, and the money that's come back.
Events
17
on the record
Documents
16
14 read & summarised
Distributions
0
cash returned
Invested
$2.50M
2024-10-01
History
17 shown
2026
09-30
Lumen: Q3 2026 revenue 12% ahead of plan
Update
5 figures
Revenue of $3.34M was 12% ahead of the $3.00M budget, up 73% on a year earlier. The EBITDA loss of $2.82M leaves $9.54M of cash, about 10 months at that burn. Management raised the full-year revenue outlook.
09-30
Lumen board deck adds net income and a stated runway
Update
2 figures
The Q3 board materials add net income and management's own runway figure, and set out a hiring plan ahead of the Series C.
06-30
Lumen beats its Q2 2026 plan by 16%
Update
5 figures
Revenue of $3.04M was 16% ahead of the $2.63M budget, up 83% on a year earlier. The EBITDA loss of $2.57M leaves $12.4M of cash, about 14 months at that burn. The board asked management to re-base the plan on the current run rate.
03-31
Lumen closes a venture-debt facility
Update
5 figures
A venture-debt facility closed alongside the equity, available in two draws tied to revenue milestones. Revenue of $2.51M was 9% ahead of the $2.30M budget, up 82% on a year earlier. The EBITDA loss of $2.11M leaves $15.1M of cash, about 21 months at that burn.
01-20
Lumen 2026 budget approved: revenue $11.3M
Financials
The board-approved 2026 budget plans revenue of $11.3M, 57% above 2025's actual revenue, and an EBITDA loss of $8.68M funded from the balance sheet.
2025
12-31
Lumen: Q4 2025 revenue 12% ahead of plan
Update
5 figures
Revenue of $2.27M was 12% ahead of the $2.02M budget, up 84% on a year earlier. The EBITDA loss of $1.83M leaves $17.2M of cash, about 28 months at that burn. Management raised the full-year revenue outlook.
12-31
Lumen FY2025 audit carries a going-concern paragraph
Significant
Financials
The auditors' opinion on FY2025 includes a going-concern paragraph pending the next financing. Audited revenue of $7.24M and an EBITDA loss of $6.06M agree with the packages to within 0.5%.
12-31
Tax document
Tax document
09-30
Lumen beats its Q3 2025 plan by 9%
Update
5 figures
Revenue of $1.93M was 9% ahead of the $1.77M budget, up 88% on a year earlier. The EBITDA loss of $1.54M leaves $19.1M of cash, about 37 months at that burn. The board asked management to re-base the plan on the current run rate.
06-30
Lumen ships to a second automaker
Update
5 figures
The first production cells shipped to a second automaker's plant; acceptance testing finished on schedule. Revenue of $1.66M was 7% ahead of the $1.56M budget, up 20% on the prior quarter. The EBITDA loss of $1.42M leaves $20.7M of cash, about 44 months at that burn.
03-31
Lumen on plan in Q1 2025
Update
5 figures
Revenue of $1.38M was in line with the $1.36M budget, up 12% on the prior quarter. The EBITDA loss of $1.27M leaves $22.1M of cash, about 52 months at that burn. Nothing in the package changes the full-year view.
01-21
Lumen 2025 budget approved: revenue $6.72M
Financials
The board-approved 2025 budget plans revenue of $6.72M, 70% above 2024's actual revenue, and an EBITDA loss of $5.14M funded from the balance sheet.
2024
12-31
Lumen: Q4 2024 in line with budget
Update
5 figures
Revenue of $1.23M was in line with the $1.20M budget, up 20% on the prior quarter. The EBITDA loss was $1.08M; cash ended at $23.4M. No changes to the team or the capital structure.
10-15
Lumen 2024 budget approved: revenue $3.98M
Financials
The board-approved 2024 budget plans revenue of $3.98M, 82% above 2023's actual revenue, and an EBITDA loss of $3.04M funded from the balance sheet.
10-01
Invested $2.50M
09-30
Lumen: Q3 2024 figures from the diligence data room
Update
5 figures
A historical quarterly package shared before closing. Revenue of $1.03M and EBITDA of -$946K for Q3 2024, read for the history rather than as a report to us.
Undated
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Legal document
Legal document
Every entry is a real record — click a filename to open the original in SharePoint. Documents in grey are on file but haven't been read yet, so they show as an event without a summary; run the extractor to fill them in. “Significant” marks an update that changes the investment case, as opposed to routine reporting.