Lumia Secures $7 Million In Funding Led By J2 Ventures And BonAngels Venture Partners

Lumia has successfully secured $7 million in funding from J2 Ventures, BonAngels Venture Partners, and notable angel investors. This latest investment follows $5.1 million in government contracts and grants, which elevates the company's total funding to $17.2 million.

Summary of transaction details:

• Deal Type: Investment
• Transaction Amount: $7,000,000
• Total Raised: $17,200,000
• Founders: Daniel Lee & Paul Jin
• Investors: J2 Ventures & BonAngels Venture Partners

Lumia, founded in early 2020 by ex-Bose engineers Daniel Lee and Paul Jin, has introduced Lumia 2, the world's first smart earrings designed to continuously track real-time blood flow to the head. The device aims to provide insights into energy, focus, and mental clarity, along with features for sleep, temperature, menstrual cycle, and readiness tracking.