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Lumoview Building Analytics closes financing round

 Lumoview Building Analytics GmbH today announced the closing of an early-stage financing round. The Cologne-based company, which was founded in 2019, intends to use this to further automate its solution for the very fast recording and analysis of existing buildings. To this end, predominantly the product development team will be further strengthened. For 2020, Lumoview also plans, in addition to further technical development, to acquire additional customers, primarily from German-speaking countries, as well as to establish sales structures and partnerships.

The investors involved in this financing round were, in addition to Hoffschmidt Ventures GmbH as co-founder, the Schneider family with several generations of experience in the construction industry and NRW.BANK.

The Cologne-based startup was founded in 2019 by Bernhard Hoffschmidt, Arne Tiddens and Silvan Siegrist and employs 7 people. It is a spin-off and cooperation partner of the German Aerospace Center e. V. (DLR). Lumoview enables split-second recording and automated measurement and analysis of indoor spaces in buildings. For this purpose, Lumoview has developed an easy-to-use and portable 360° indoor measurement system. The measurement takes only 2 seconds per room and can be carried out even by non-experts. The measurement data includes images in the visible and infrared spectrum, air parameters, distances and position. This data is automatically analyzed in the cloud with machine learning algorithms and directly integrated into digital processes such as CAD, CAFM or BIM. This makes it easy to optimize buildings economically and ecologically. Lumoview has so far been supported by DLR, Fraunhofer Days, Climate-KIC and Helmholtz Enterprise and is a laureate of the digitalBAU Startup Award 2020.

 The investment and consulting company was founded in 2016 in Bergisch Gladbach by the partners Bernhard Hoffschmidt and Paul-Lukas Hoffschmidt. In addition to the two partners, the team consists of 5 business and technical experts. The activities focus on company building, angel investing and consulting. The goal is to build and develop innovative high-tech companies. Besides Lumoview Building Analytics GmbH, Heliokon GmbH and Enerfinity GmbH have been supported so far. A close cooperation partner is the German Aerospace Center (DLR).

 Owner and founder of the construction company Hugo Schneider GmbH in Hamm (Westphalia), which has existed since 1925, as well as co-founder of Bohrtec Bautechnologie GmbH, BBA Hamm GmbH and newly founded Sunrise Ventures UG.  With Hugo Schneider GmbH, she specializes in integrated project solutions in the construction and real estate segment. The expertise in building construction and civil engineering built up over almost 100 years of company history is now implemented by more than 150 employees. Reliability, professionalism and enthusiasm have made Hugo Schneider GmbH, already managed by Hans Joachim Schneider and Simon Schneider in the third and fourth generation, one of the leading construction companies in the Ruhr region. At the same time, it has always followed the guiding principle of positioning itself sustainably in the market through constant innovation and diversification. The alliance with Lumoview Building Analytics GmbH proved to be the ideal solution for designing existing buildings faster and more efficiently with unique measurement technology from Lumoview.  As a responsible traditional company, the Schneider family is therefore building on a common future and is proud to be able to support Lumoview in revolutionizing the construction and real estate industry.

: NRW.BANK is the development bank for North Rhine-Westphalia. It supports its owner, the State of North Rhine-Westphalia, in its structural and economic policy tasks. In its three promotion fields of business, housing and infrastructure/municipalities, NRW.BANK uses a broad range of promotion instruments: from low-interest development loans to equity financing and advisory services.

  DLR spin-off Lumoview Building Analytics receives the Horst Rauck Founder's Prize. With the help of Lumoview's innovative measurement technology, buildings can be surveyed quickly, easily and efficiently and thus, for example, improve the planning of renovation measures. The Horst Rauck Founder's Prize is awarded by the Society of Friends of DLR and honors promising DLR start-ups.

Focus areas: Energy, energy efficiency, business startups

The heating of buildings is responsible for around one third of the CO2 emissions in Germany. The energetic renovation of buildings, for example through better insulation, can make a decisive contribution to saving carbon dioxide, carbon dioxide. In order to better plan and better plan and carry out renovation measures, scientists from the Institute of Solar Research of the German Aerospace Center (DLR) have developed a measuring system that can be used to measure buildings and detect weak points in the thermal insulation - quickly, easily and cost-effectively. The innovative measuring system is also the technological core of the company founded out of DLR.

Behind the company, which was launched in February 2019 and is headquartered in Cologne, are the founders and DLR employees Dr. Silvan Siegrist Silvan Siegrist, Dr. Arne Tiddens and Prof. Bernhard Hoffschmidt. With a small team of currently seven people, the founding trio develops and markets the measurement system they invented and offers measurement systems and building measurement and energy as a service. Customers do not have to buy the device, but pay a service fee.

Lumoview: Winner of the Horst Rauck Founder Award

Innovative thinking, entrepreneurial action and a willingness to take risks in the marketing of new business ideas pays off, as shown by the award of the Horst Rauck with the Horst Rauck Founder's Award. The trio of founders received the €3,000 prize awarded by the Society of Friends of the Friends of DLR on January 30, 2020, at DLR's New Year's reception in Berlin. The award was presented for the second time and commemorates the late former chairman of the Society of Friends of DLR Horst Rauck.

Success factors: easy handling and fast results

The measurement technology behind Lumoview was developed as part of an innovation project funded by the German government. Among other things, the measurement system consists of a spherical panorama camera and a newly developed 360-degree infrared camera system for which a patent application has been filed. Software generates two- and three-dimensional models of the building and combines the images from the visible and infrared spectra into a single view. This gives users a panoramic image of the building with a representation of its thermal properties. These images can be used, for example, to calculate wall temperature and wall humidity. Compared to previously used methods, the Lumoview system can be used particularly quickly, easily and without training and delivers results within a few minutes. Users can see at a glance where exterior walls lose the most heat or whether there are damp spots on the walls. The evaluations are carried out by cloud-based software.

 Yesterday, May 11. 2021, the Bau-Startup-Forum Rheinland was held for the first time in Cologne. In addition to an exciting panel discussion on the topic of collaboration with startups, tandem presentations between established companies and startups also took place.  As one of the four selected practical examples of such cooperation, Lumoview Building Analytics GmbH, in cooperation with the building management of the city of Cologne, was allowed to speak about the joint pilot project of 3D modeling of a Cologne vocational school.

During the event, the ABE_Award 2020 of the network Aachen Building Experts e. V. was also presented. Both nominated finalists, Lumoview and wirbauen.digital, had previously prevailed in a pre-selection process against competitors from the construction and real estate industry and had the opportunity to present themselves live in the E-Werk in a short pitch. Lumoview was able to win the audience vote.

 is a Cologne spin-off of the German Aerospace Center (DLR) and was founded in 2019 by Bernhard Hoffschmidt, Arne Tiddens and Silvan Siegrist. Today, 16 colleagues are already working at the startup. With its easy-to-use measurement system, Lumoview offers automated and objective building analyses within 2 seconds per room to enable owners to cost-effectively digitize their buildings and renovate them in an energy-efficient way.

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