CompaniesSoftware & AILuminance Technologies Ltd
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Company intelligence · Prepared from public filings

Luminance Technologies Ltd

ACTIVENo. 09857705Incorporated 5 Nov 2015Cambridgelegal AI
Register data as of 27 Aug 2026
31 filings read · view all sources ↓
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Raised, filed rounds
£111.1m
Priced rounds
6
Peak step-up
3.8x
Peak implied valuation
£309.9m
Last allotment
Feb 2025
The press said
$75m Series C led by Point72, valuation undisclosed (18 Feb 2025) · source ↗
Announcements are claims; the figures below are computed from filed documents. Announced valuations are usually fully diluted, so the register-implied figure reads below the headline.
Exhibit 1

Implied valuation at each priced allotment, 2016 to 2025

Implied post-money, GBP · price per share beneath each point · from SH01 filings
£86.8m£173.5m£260.3m£347.1m2016201820202022202422 Jan 2016: £34.7m implied post-money at £14.40 per share18 Jan 2017: £76.9m implied post-money at £27.68 per share21 Feb 2019: £161.7m implied post-money at £54.60 per share11 Mar 2024: £178.3m implied post-money at £31.29 per share10 Apr 2024: £143.0m implied post-money at £24.43 per share8 Feb 2025: £309.9m implied post-money at £41.57 per share£34.7m£14.40/sh£76.9m£27.68/sh£161.7m£54.60/sh£178.3m£31.29/sh£143.0m£24.43/sh£309.9m£41.57/shDown round: priced 22% below the prior roundDown round: priced 43% below the prior round
Source: Companies House, forms SH01 filed by Luminance Technologies Ltd; Tero analysis. Each point is one filed allotment; click any point to open the underlying filing.
Exhibit 2

Funding rounds, as filed

AllottedShare classPrice / shareRaisedImplied post-moneyStep vs priorSource
8 Feb 2025Series C Preferred£41.57£60.1m£309.9m▲ 1.7xSH01 ↗
10 Apr 2024SERIES B PREFERRED£24.43£3.7m£143.0m▼ 0.78xSH01 ↗
11 Mar 2024Series B Preferred£31.29£22.8m£178.3m▼ 0.57xSH01 ↗
21 Feb 2019B ORDINARY£54.60£10.0m£161.7m▲ 2.0xSH01 ↗
18 Jan 2017B Ordinary Shares£27.68£10.3m£76.9m▲ 1.9xSH01 ↗
22 Jan 2016B Ordinary Shares£14.40£4.3m£34.7mfirstSH01 ↗
Total, 6 priced rounds£111.1m
Source: Companies House filing history, company 09857705. Every row links to the filed document it was read from. Prices and share counts as filed; implied post-money is price per share times shares in issue after the allotment.
Methodology
Notes. Raised is the sum of shares allotted times price per share across priced allotments filed on form SH01. Peak step-up is the highest price per share divided by the first priced round. Implied post-money is price per share times shares in issue after the allotment: an approximation that ignores class rights and unexercised options. Allotments classified as option-scheme or nominal issues are excluded from the trajectory.
Primary documents
Every figure on this page is read from a document filed at Companies House and links to it. The full record is public: filing history of Luminance Technologies Ltd at Companies House ↗. Tero retains an archived copy of each parsed filing. Information, not investment advice.