Luminary Cloud

High-performance computing solutions for industrial R&D

Palo Alto, California, United States

About Luminary Cloud

Luminary Cloud specializes in high-performance computing (HPC) solutions for industrial research and development (R&D). The company is developing a simulation platform that offers supercomputer-level performance and accuracy at a lower cost. This platform includes tools for interactive simulation, visualization, and analysis, which help clients in industries like aerospace, automotive, and advanced manufacturing to speed up their engineering processes and improve design optimization. Unlike many competitors, Luminary Cloud focuses on performance and automation, allowing clients to quickly iterate on their designs. The company operates on a Software-as-a-Service (SaaS) model, where clients pay subscription fees to access the platform, ensuring they receive continuous updates and support. Luminary Cloud aims to make high-performance computing accessible and affordable for R&D teams, helping them achieve better results without the need for expensive supercomputing infrastructure.

Palo Alto, CaliforniaHeadquarters
2019Year Founded
$111.9MTotal Funding
LATE_VCCompany Stage
Industrial & Manufacturing, Enterprise SoftwareIndustries
11-50Employees

Risks

NVIDIA's Omniverse Blueprint poses a competitive threat with real-time physics digital twins.
Major players adopting NVIDIA's solutions may shift customer preferences away from Luminary Cloud.
Rapid advancements by competitors in GPU technology could outpace Luminary Cloud's offerings.

Differentiation

Luminary Cloud offers supercomputer-level performance without prohibitive costs for industrial R&D.
The platform provides real-time simulation and visualization, accelerating design optimization.
Luminary Cloud's SaaS model ensures steady revenue and continuous client support.

Upsides

Recent $115M funding boosts Luminary Cloud's innovation and market expansion potential.
Partnerships with Siemens and Spatial Corp enhance CAE workflow optimization.
Growing demand for cloud-native simulation platforms aligns with Luminary Cloud's offerings.

Funding

Total raised$111.86 M
Latest valuation$575.00 M
StageLATE_VC
LATE VC
2/29/2024
$115
$575.00 M