Luminate NY
Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Series A, Series B, Growth, Late Stage, Pre-IPO
Geographical Focus
United States, United Kingdom, Canada, Germany, France, Italy, Denmark, Spain, Netherlands, Hungary, Croatia, Sweden, Norway, Finland, Poland, Czech Republic, Slovakia, Serbia, Romania, Bulgaria
Industries Focus
- Financial Services
- Technology
- Healthcare
- Energy
- Real Estate
- Telecommunications
- Media
- Automotive
- Retail
- Education
- Agriculture
- Logistics
- Aerospace
- Food and Beverage
- Construction
- Entertainment
- Consumer Electronics
- Environmental Services
- Defense
- Industrial Equipment
Investment Size:
100,000 to 2,000,000 USD
Investor Details Founded: 2018
Luminate NY is a premier accelerator and venture fund dedicated to fostering innovation in optics, photonics, and imaging technologies. The program annually selects 10 companies from around the world, providing them with a $100,000 investment upon acceptance and the opportunity to secure an additional $2 million in follow-on funding. Participants gain access to comprehensive lab facilities, education, and business mentoring, preparing them for investment readiness and commercialization.
The accelerator focuses on startups developing emerging solutions across various industries, including healthcare, defense, aerospace, automotive, consumer electronics, and more. Companies are expected to participate in person in Rochester, NY, one week per month, with virtual programming during the other weeks. This structure ensures a balance between hands-on support and flexibility for global participants.
Luminate NY is funded by the Finger Lakes Forward Upstate Revitalization Initiative and administered by NextCorps. The program's strategic location in Rochester, NY, leverages the region's rich history in imaging sciences and its status as a hub for optics and photonics innovation. This environment offers startups unparalleled access to industry experts, potential partners, and a supportive entrepreneurial ecosystem.
Requirements
- Startups developing emerging solutions in optics, photonics, and imaging technologies
- Ability to participate in person in Rochester, NY, one week per month
- Commitment to virtual programming during other weeks
- Focus on investment readiness and commercialization
Contact
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Portfolio Companies
- Pensievision
- SeeTrue Technologies
- Labby Inc.
- Double Helix Optics
- Bounce Imaging
- Circle Optics
- EmGenisys
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