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DevelopingBusiness

Lumaril raises $66M Series A at $400M valuation for AI that tunes factory output

Lumaril announced a $66M Series A at a $400M valuation, led by returning investor Elad Gil with Felicis, Koch Disruptive Technologies and Pax Ventures. Total funding is $78M. Its software connects to a plant's existing control systems and models the operation. Lumaril says it is paid on the throughput and yield it adds.

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