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LumenRadio

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Your wireless partner for reliable last mile communication

Göteborgs Stad, SwedenFounded 2008Telecom
Valuation $72M Market cap · 2026
Revenue $10–50M Latest reported FY
EBITDA $4.8M Latest reported FY

About LumenRadio

LumenRadio, established in 2008 as a spin-off from the Swedish School of Textiles, specializes in wireless connectivity solutions designed for mission-critical applications. The company's foundation is built upon extensive research in wireless technology, initiated by founders Per-Arne Wiberg and Niclas Norlén. Their academic and professional backgrounds in engineering and textiles provided a distinct perspective, leading to the development of robust wireless systems.

The firm operates in two primary business areas: Professional Lighting and Building & Industrial Control. In the Professional Lighting sector, LumenRadio supplies its patented Cognitive Coexistence technology to major manufacturers of lighting and video equipment. This technology enables reliable wireless DMX (Digital Multiplex) and W-DMX communication for large-scale events, film productions, and architectural lighting projects, serving clients like ARRI and Litepanels. The system is designed to operate in congested radio frequency environments by intelligently scanning and adapting to avoid interference, which ensures stable data transmission.

For the Building & Industrial Control segment, LumenRadio provides wireless mesh networks that connect sensors, actuators, and control systems within buildings and industrial settings. This product line aims to reduce the complexity and cost associated with traditional wired installations, facilitating the adoption of IoT solutions for climate control, lighting management, and other building automation functions. The technology is built on the open standard IPv6, promoting interoperability. The company's business model is centered on the development and sale of its proprietary wireless modules and software to original equipment manufacturers (OEMs). In November 2021, LumenRadio was acquired by Wireless Solution, and it continues to operate under its brand while being listed on the Nasdaq First North Growth Market.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2008
Headquarters
Göteborgs Stad, Sweden
Listing
IPO 2022
Sector
Telecom
Power Law
Colt$25–100M revenue

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 8 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇸🇪 Sweden85.7%
🇩🇪 Germany7.1%
🇺🇸 United States5.4%
🇨🇳 China1.8%
4 countries shown
Web traffic by country
34K monthly visits
across markets
🇸🇪 Sweden24.7%
🇦🇺 Australia17.9%
🇺🇸 United States16.8%
🇬🇧 United Kingdom9.4%
🇪🇸 Spain5.9%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about LumenRadio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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