Luma banked €34M ($36M) Series B funding to scale its 3D generative AI technology. Professional venture firm A16Z (Andreessen Horowitz) led the round, which saw participation from General Catalyst, Nvidia (via NVentures), ZhenFund, and strategic backing from individuals associated with Apple.
The London-headquartered startup builds computer vision models that convert standard 2D images and video into high-fidelity 3D assets. By creating a "data layer" for spatial AI, the company enables creators and engineers to generate realistic 3D objects, scenes, and environments using simple camera input rather than manual digital modelling.
Co-founded by an Oxford physicist and a former Goldman Sachs executive, the company sits at the intersection of European deep-tech research and Silicon Valley capital. The fresh investment follows significant interest in "spatial intelligence," as hardware manufacturers and software developers seek automated ways to populate virtual and augmented reality environments with photorealistic content.
The deal underscores a growing trend in the European ecosystem where specialist AI labs attract top-tier US lead investors specifically to bridge the gap between academic breakthroughs and industrial-scale deployment.
Originally reported by Tech Funding News.