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Home » Raised $1.2 million (seed) to enhance smartphone camera zoom capabilities
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Raised $1.2 million (seed) to enhance smartphone camera zoom capabilities

adminBy adminOctober 23, 2024No Comments2 Mins Read
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Lumenuity has officially announced an innovative optical technology that significantly enhances the zoom capabilities of smartphone cameras. The company also announced a $1.2 million seed funding round and is working with Qualcomm Technologies to optimize its Lumenuity technology for use in smartphones powered by the latest Snapdragon mobile platform. This breakthrough technology has a wide range of applications beyond smartphones, including drones and augmented reality (AR).

Lumenuity’s Light Unfolding technology delivers DSLR camera performance in a pocket-sized mobile device. This advancement revolutionizes mobile photography by providing users with professional zoom quality without the cost and weight of traditional cameras.

Lumenuity, co-founded by optics, electrical engineering, and quantum experts Dr. Benjamin Shapiro and Dr. Ed Waks, has spent years refining and developing this new optical solution. The team is supported by a prestigious advisory board with decades of leadership in leading smartphone and AR companies.

In addition to improving image performance, Lumenuity’s technology offers significant manufacturing benefits by reducing the need for multiple cameras within a device. Currently, smartphones rely on separate cameras for their main functions, wide-angle and zoom functions. Lumenuity’s optical system can deliver the performance of two cameras in one, streamlining design and reducing production costs, with savings passed directly to consumers.

Lumenuity has already developed a prototype that delivers twice the zoom capability of existing smartphone cameras while maintaining industry standard size and shape. The company has also worked closely with Qualcomm, a leader in the smartphone industry, and DXOMARK, a leader in image quality evaluation of mobile phone cameras, to refine and validate the technology.

Main quotation:

“Our patented Light Unfolding technology compresses unprecedented optical power into a compact device. This innovation enables consumers to capture stunningly high-quality images from their smartphones, making virtually This eliminates the need for large, high-end cameras.

-Dr. Benjamin Shapiro, co-founder and CEO of Lumenuity.

“Lumenuity’s technology enables high-performance optics in a more efficient form factor. We will be able to support mobile phone manufacturers implementing new technologies on the Snapdragon platform.”

– Judd Heap, Vice President of Product Management, Qualcomm

“We are excited to invest in the team at Lumenuity given the company’s unique technology approach, robust IP portfolio, and attractive project roadmap. We are in a good position to significantly improve performance.”

-Michael Beer, Investment Partner at Best Coast Capital



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