Wilson Sonsini - ECP

insight detail

Wilson Sonsini Advises Lumino Labs on $2.8 Million Pre-Seed Financing

  • 03/20/24
  • Client Highlights
  • Artificial Intelligence and Machine Learning
  • Software

On March 19, 2024, Lumino Labs, an AI infrastructure start-up, announced that it has raised a $2.8 million pre-Seed financing round. Lumino is building an integrated hardware and software compute protocol for AI workloads. The protocol uses economic incentives to bring compute resources together, blockchain to ensure models are being trained correctly, and a SDK for developers to get started instantly. This round's investors include Longhash Ventures, Inception Ventures, Protocol Labs, Fenbushi Capital, OrangeDAO, and Escape Velocity.

Wilson Sonsini Goodrich & Rosati represented Lumino Labs in the transaction. The Wilson Sonsini team was led by Jonathan Chan, Nick Agate, and Melis Kilic.

For more information, please see Lumino's press release.