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Lumia Secures $7 Million In...

Updated Nov 28, 2025

RAISERaise

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

Building Size

Asset Type

Closing

Jan 31, 2025

About this deal

AI

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.

Players

Paul Jin

Seller

$6.4M

vol

2 deals

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Raise transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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