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Luminate Medical

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Developed a novel device to prevent hair loss during chemotherapy

Galway, IrelandFounded 2018Biotech & Life Sciences
Valuation $50–100M Last recorded · 2026
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Luminate Medical and the history behind them.

About Luminate Medical

Developer of a novel device designed to prevent hair loss during chemotherapy. The company provides a unique portable, comfortable, and wearable solution that allows patients to maintain their confidence and dignity during treatment, enabling patients to prevent and control the side effects of cancer treatment. Keywords: Healthcare Devices, Services, Supplies, Cancer Care, Cancer Treatment, Hair Loss Treatment, Medical Device, Medical Technology, Therapeutic Approaches.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Galway, Ireland
Employees
65
Open positions
13
Dealroom signal
90.6/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Medical Research, Oncology, Dermatology, Chemotherapy, Chemistry, Spinout
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2026 $21M $84M Y Combinator · Artis Ventures · Atlantic Bridge · Faber ↗
SERIES A✓Equity / VC Dec 2024 $2.5M $75M Finn Murphy · Atlantic Bridge ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Luminate Medical website traffic

Latest recorded traffic for Luminate Medical is 3.7K monthly website visits, down 37.3% over the last three months. Luminate Medical's team grew 22.6% over the past year.

Latest monthly visits3.7K 3-month web change-37.3% 1-year team growth+22.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

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

Seed7 investors entered at this stage

  • EIT Health
  • Y Combinator
  • European Innovation Council
  • Disruptive Technologies Innovation Fund
  • Elkstone Capital Partners
  • SciFounders
  • Faber

Series A7 investors entered at this stage

  • Artis Ventures
  • 8VC
  • MetaPlanet
  • Lachy Groom
  • Atlantic Bridge
  • Finn Murphy
  • Western Alliance Bank

Other known investors4 additional known investors

  • University of Galway
  • Edward Lando
  • Nadav Ben-Chanoch
  • Thiel Fellowship
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
3 countries with
team presence
🇮🇪 Ireland79%
🇺🇸 United States19.3%
🇬🇧 United Kingdom1.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Luminate Medical 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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