1 The EIC Accelerator Project

The EIC Accelerator program, part of the European Innovation Council (EIC), is a key funding initiative aimed at supporting innovative small and medium-sized enterprises (SMEs) and startups with high-risk, high-potential projects in Europe. The program focuses on deep technology, which encompasses advanced technologies that can lead to significant advancements across various sectors, including healthcare, energy, and digital transformation.

Funding Structure

The EIC Accelerator offers a blended finance model that combines grants and equity investments to enable companies to develop and scale their innovations. The grant component can reach up to €2.5 million, which is primarily aimed at supporting early-stage activities such as prototyping, testing, and validation of innovative ideas. This funding is essential for startups to cover essential costs without the immediate pressure of equity dilution.

In addition to grants, the EIC Accelerator provides equity investments, which can go up to €15 million until 2024. Starting in 2025, the equity funding cap will decrease to €10 million. This financial support is crucial for startups seeking to scale their operations, expand their market reach, and attract additional private sector investment. The blended financing approach is designed to provide a safety net for companies, enabling them to focus on innovation while securing the necessary funds for growth.

Purpose and Impact

The primary goal of the EIC Accelerator is to foster innovation and support the European startup ecosystem by enabling companies to overcome financial barriers to growth. By providing access to substantial funding, the program encourages the development of pioneering technologies that can address societal challenges, such as climate change and energy efficiency. The EIC Accelerator acts as a catalyst in helping companies scale by facilitating connections with private investors, thereby enhancing their ability to secure further funding and ensure long-term sustainability.

Case Study: Lumoview Building Analytics GmbH

Lumoview Building Analytics GmbH is one of the EIC Accelerator winners, having successfully submitted their Step 2 proposal and later won in the Step 3 interview on November 8, 2023. Their project, titled LumoGen1, focuses on pioneering automated building digitization to empower decision-making in energy-efficient building renovations.

Project Overview: LumoGen1

LumoGen1 aims to revolutionize the building renovation process by utilizing advanced technologies to automate the digitization of buildings. This initiative addresses the pressing need for energy-efficient upgrades in existing structures, which are often responsible for substantial energy consumption and carbon emissions. By integrating smart technologies and data analytics, Lumoview seeks to provide actionable insights that enable stakeholders to make informed decisions regarding renovation strategies.

Technology Fundamentals

The underlying technology of LumoGen1 includes sophisticated data analytics, machine learning algorithms, and IoT (Internet of Things) sensors. These components work in unison to create a comprehensive digital model of a building's current state, identifying areas where energy efficiency can be enhanced.

In conclusion, the EIC Accelerator program plays a pivotal role in nurturing innovative startups like Lumoview Building Analytics GmbH. Through its blended finance model, the program not only provides essential funding support but also strengthens the European innovation landscape by driving advancements in energy efficiency and sustainability. The LumoGen1 project exemplifies how cutting-edge technology can transform the building renovation sector, paving the way for more sustainable urban environments.

2 The Funding Rounds

Lumoview Building Analytics GmbH – Financing and Funding Overview Since EIC Accelerator Award

Financing Raised

Lumoview Building Analytics GmbH, based in Cologne, Germany, has secured at least €2.5 million in non-dilutive grant funding from the European Innovation Council (EIC) Accelerator program following their successful Step 2 submission on November 8, 2023. This substantial grant was aimed at enabling the development and commercialization of their LumoGen1 project for automated building digitization.

Funding Rounds

• March 2020: Lumoview raised an undisclosed amount in a funding round involving NRW.BANK and Hoffschmidt Ventures as investors. No specific valuation or precise amount is publicly available for this round.
• November 2023: The company received a €2.5 million EIC Accelerator Grant from the European Innovation Council (EIC), aligned with the Step 2 cutoff date of November 8th, 2023. This was confirmed as part of the official EIC announcement published in February 2024.

Timing and Amounts of Funding Rounds

Date	Round/Type	Investors/Funders	Amount
March 2020	Early stage/private round	NRW.BANK, Hoffschmidt Ventures	Undisclosed
November 2023	Grant (EIC Accelerator)	European Innovation Council	€2.5 million

Investor Information

• NRW.BANK: Regional development bank based in North Rhine-Westphalia.
• Hoffschmidt Ventures: Private venture investor.
• European Innovation Council (EIC): Provided direct public grant support under Horizon Europe’s EIC Accelerator scheme.

No additional private equity or institutional venture capital rounds are listed after the March 2020 event up to May 6th, 2025.

Further Details on Funding Rounds

The November 2023 funding was granted through Horizon Europe's “HORIZON-EIC-ACC-BF” scheme under blended finance; however, only non-dilutive grant information is listed for Lumoview Building Analytics GmbH—no equity investment component has been reported to date for this particular award.

The company’s total disclosed external financing stands at approximately €2.5 million as of May 6th, 2025—the sum entirely attributed to public/EU support post-EIC win.

Company Valuations

There are no public disclosures or records providing explicit valuation data for Lumoview Building Analytics GmbH following its fundraising rounds or after receiving EIC funding. As most early-stage German startups that receive significant EU grants do not necessarily undergo market-priced valuations unless taking dilutive investment simultaneously, there is no reliable market capitalization figure available from verified sources.

Exit Events: IPOs & Acquisitions

As of May 6th 2025:

• No initial public offering (IPO), acquisition/buyout events have been reported regarding Lumoview Building Analytics GmbH.
• The company remains an independent SME headquartered in Cologne with ongoing commercialization activities supported by recent EU grants.

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Sources

• Lumoview Building Analytics company information — Dealroom
• Dealroom profile — Company details & investors
• CORDIS: Pioneering automated building digitisation with Lumoview
• Unveiling the Latest EIC Accelerator Results: February 28th Release
• Startup Estonia Ecosystem — Investors & rounds

3 The Press Releases

Overview of Lumoview Building Analytics GmbH

Lumoview Building Analytics GmbH, a German company and spin-off of the German Aerospace Center (DLR), has been recognized as a winner of the European Innovation Council (EIC) Accelerator funding. This achievement signifies the company's innovative approach to building digitization and energy efficiency.

EIC Accelerator Funding

On November 8, 2023, Lumoview submitted its Step 2 proposal for the EIC Accelerator program. Following a rigorous evaluation process, the company successfully advanced to the Step 3 interview and was awarded funding. Specifically, Lumoview received a grant of €2.5 million to support its project, LumoGen1, which focuses on pioneering automated building digitization for enhanced decision-making in energy-efficient renovations.

Technology Advancements

Lumoview has developed a patented handheld measurement device coupled with proprietary algorithms to quickly and accurately digitize building interiors. This technology is designed to streamline the renovation process by providing comprehensive data on structural and thermal aspects of buildings, which are crucial for energy-efficient planning but often lacking.

Partnerships and Team Updates

As a spin-off of the DLR, Lumoview benefits from the research and innovation ecosystem associated with such a prestigious institution. However, specific details about recent partnerships or team updates are not explicitly mentioned in the available information.

Patents

While the company has a patented device for building digitization, specific details about new patents or intellectual property developments are not provided in the available sources.

Press Releases and Blog Posts

Lumoview's website, lumoview.com, does not appear to have publicly available press releases or blog posts detailing its EIC Accelerator win or recent updates. The primary information about the company's achievements comes from external sources and announcements related to the EIC funding.

Social Media Presence

There is no specific mention of Lumoview using social media platforms for press releases or updates. The company's focus appears to be more on technological innovation and industry recognition through programs like the EIC Accelerator.

Conclusion

Lumoview Building Analytics GmbH has made significant strides in the field of building digitization with its receipt of EIC Accelerator funding. The company's innovative technology is poised to contribute substantially to energy-efficient building renovations across Europe. While detailed press releases or social media updates are not readily available, the company's achievements are recognized through its involvement with the European Innovation Council and its association with the DLR.

Sources: - Pioneering automated building digitisation with Lumoview

• Lumoview Building Analytics company information
• Lumoview Building Analytics company information
• Unveiling the Latest EIC Accelerator Results
• DLR spin-off Lumoview receives 2.5 million euro EIC Accelerator Grant

4 The Technology Advancements

Lumoview Building Analytics: Post-EIC Accelerator Advancements and Market Impact

Lumoview Building Analytics GmbH, a German technology developer specializing in rapid building digitization, has continued to refine its proprietary solutions since securing EIC Accelerator funding under the LumoGen1 project (grant agreement signed June 2024). The company’s patented handheld LumoScanner, which captures room data in 2 seconds per room, remains central to its mission of enabling energy-efficient renovations through precise digital twins.

Technological and Operational Developments

• EIC-Funded Commercialization: The LumoGen1 project focuses on scaling Lumoview’s automated digitization technology, combining its scanner with cloud-based processing (LumoCloud) and a centralized data platform (LumoWorld). This aims to address labor-intensive data collection challenges in EU buildings, aligning with carbon neutrality goals.
• Integration Capabilities: Recent updates emphasize seamless interoperability with CAD/CAFM/ERP systems (e.g., Revit, Planon), now supporting over 10 third-party platforms for streamlined workflow integration.
• Scalability: Enhanced cloud infrastructure allows handling of large portfolios efficiently, with claims of up to 35% time/cost savings during data modeling.

Market Demonstrations and Customer Engagements

• Stadtwerke München Collaboration: Partnering since at least 2023, Lumoview’s interior scanning technology was combined with Airteam’s drone-based façade measurements to create comprehensive BIM models. This enabled SWM to accelerate heat pump installations and photovoltaic planning while ensuring centimeter-accurate data.
• Energy Consultancy Applications: The platform is actively used by utility companies like SWM for digital energy consultations and retrofit prioritization based on thermal analytics.

Intellectual Property and Research Outputs

While recent patents are not explicitly detailed in public documentation post-EIC funding, the company emphasizes proprietary algorithms for automated 3D modeling and thermal analysis. No new whitepapers or clinical trials are reported; however, the EIC project underscores ongoing R&D into AI-driven automation for structural/thermal assessments at scale.

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Sources

• Pioneering automated building digitisation with Lumoview
• Stadtwerke München & Lumoview Case Study
• Builtworld: Lumoview Profile
• SET100 Database Entry
• Official Website: LumoScanner & Platform Features

5 The Partnerships and Customers

Lumoview Building Analytics GmbH: Strategic Partnerships and Market Positioning Post-EIC Accelerator Funding

Lumoview Building Analytics GmbH, a German spin-off from the DLR Institute of Solar Research, has established itself as a key player in building digitization through strategic collaborations. While specific details about partnerships formed after November 2023 are not publicly disclosed, the company’s existing alliances and client engagements highlight its trajectory toward scaling technology and market influence.

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Key Partnerships and Customers

• Enter: Collaborates on digitizing large building portfolios to accelerate energy-efficient refurbishments.
• Norm (Switzerland): Lumoview enables Norm to independently measure buildings, improving service delivery speed.
• Covestro: Partners on office-building digitization projects.
• Stadtwerke München (SWM): Jointly develops BIM models for renovation efficiency and new digital services like heat pump installations. SWM uses Lumoview’s 2-second room-scanning technology alongside Airteam’s drone-based façade measurements.

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Nature of Relationships

• Technology Integration: Partnerships with Airteam combine drone-captured exterior data with Lumoview’s interior scans for comprehensive BIM models.
• Market Expansion: Collaboration with Enter targets large portfolios, while Norm showcases scalability for smaller firms seeking self-service solutions.

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Market Positioning and Impact

Lumoview is positioned as an enabler of decarbonization in real estate through rapid digitization tools recognized by industry awards like SET Tech Festival 2023 listings and dena’s top energy transition startups (2023). Its partnerships emphasize:

• Speed-to-Market: Reducing measurement time from hours to seconds per room enables faster project turnaround.
• Automation Advantage: Cloud-based processing (LumoCloud) delivers CAD/IFC files in real time, appealing to energy consultants and property managers seeking turnkey solutions.

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Technological Advancements Through Collaborations

Integration with Airteam’s AI-driven drones enhances accuracy in façade modeling, addressing previous challenges in envelope measurement errors reported by SWM. These synergies allow Lumoview to offer end-to-end digital twins critical for Europe’s renovation wave initiatives.

While post-November 2023 customer announcements remain undisclosed, existing relationships demonstrate how cross-industry collaborations drive innovation—combining IoT sensors, AI analytics, and scalable cloud platforms to reduce buildings' CO₂ footprints at portfolio levels.

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Sources

• Lumoview: Digitize Buildings in 2 Seconds | DE Version (Note: Second link corrected; original source URL retained)
• Stadtwerke München & Airteam Case Study

+ Additional citations aggregated from domain expertise due to overlapping references across sources.

6 The Hiring and Company Growth

Lumoview Building Analytics: Team Growth and Strategic Hiring Post-EIC Accelerator Funding

Lumoview Building Analytics GmbH, a Cologne-based technology spin-off from the German Aerospace Center (DLR), specializes in rapid building digitization using its patented LumoScanner and cloud-based data platform. Since its founding in 2019 by Dr.-Ing. Arne Tiddens, Dr.-Ing. Silvan Siegrist, and Prof. Dr.-Ing. Bernhard Hoffschmidt, the company has focused on scaling its innovative solutions for 3D building modeling, thermal analysis, and digital twin creation.

Key Team Details

• Current Headcount: Confirmed to have grown beyond initial reports of "1–10 employees" (as stated on Startbase) to over 30 employees as per their website.
• Team Structure: Includes specialists in software development, hardware engineering, customer operations, finance, marketing, and research.
• Recent Hires: While specific roles are not publicly disclosed for new hires post-EIC funding (November 2023), their careers page emphasizes ongoing recruitment across technical and customer-facing roles.

Growth Trajectory

Lumoview’s team growth aligns with its mission to become a one-stop solution for building analytics. The expansion into software integration (e.g., Revit, Planon) and AI-driven data processing suggests increased hiring in engineering and product development roles. Their cloud platform LumoWorld aims to centralize building data management at scale—a goal likely requiring backend developers and data scientists.

Management Continuity

The founding team remains intact without reported changes in leadership since incorporation. Co-founders Tiddens (Technical Managing Director) and Siegrist (Commercial Managing Director) continue to drive innovation alongside academic advisor Hoffschmidt.

Scaling Strategy

New team members bolster Lumoview’s capacity to handle complex digitization projects while advancing automation features like real-time thermal analysis tooling—critical for energy efficiency compliance in European real estate markets. The EIC Accelerator funding likely accelerates R&D efforts through specialized hires in AI/ML or IoT sensor integration.

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Sources

• Lumoview Official Website
• Startbase Company Profile
• Team Page – Lumoview
• Ecosystem.freewayphx Company Overview

7 The Media Features and Publications

Overview of Lumoview Building Analytics GmbH

Lumoview Building Analytics GmbH, based in Germany, is a company that specializes in the rapid digitalization of buildings through its innovative technology. This includes the use of the LumoScanner, which captures detailed visual, geometric, thermographic, and positional data in just 2 seconds per room, creating a comprehensive digital 3D representation of buildings.

Media Features and Publications

Lumoview Building Analytics has been featured in publications like TECE Magazine, which highlighted its measurement technology as an ideal addition to laser measurement systems. The publication noted that Lumoview's technology was developed as part of an innovation project by the German Aerospace Center (DLR) and includes a combination of cameras to reveal thermal properties of spaces.

Podcasts and Interviews

There is no specific information available about podcasts or interviews featuring the team from Lumoview Building Analytics.

Conferences and Events

While there is no detailed information about specific conferences or events attended by Lumoview Building Analytics, the company's focus on innovative building digitalization likely involves participation in related industry events. However, specific details about these appearances are not readily available.

Involvement in Events

Lumoview Building Analytics's involvement in events would likely focus on showcasing its cutting-edge technology for building digitalization. Given its roots in the German Aerospace Center and its focus on efficient building data management, it is plausible that the company participates in industry conferences, such as those related to construction technology or real estate innovation.

EIC Accelerator Funding

Lumoview Building Analytics GmbH received EIC Accelerator funding on November 8, 2023. This funding is significant for the company's growth and development, highlighting its potential in the European innovation ecosystem.

Sources

• Lumoview
• Lumoview Building Analytics company information
• Lumoview Building Analytics - Startbase
• Lumoview: Digitale Gebäudedaten in 2 Sekunden
• TECE, the magazine
• STARTPLATZ