LUMO Labs, an Eindhoven-based Dutch fund manager known for impact-driven investments in emerging technologies, has announced new strategic appointments in Norway and Spain. Linn-Cecilie Linneman and Jorge Blasco join the team, reinforcing the firm’s local presence in these regions. The expansion follows the launch of a €100M fund aimed at promoting sustainable technologies. LUMO Labs plans to invest in approximately 34 to 35 startups across Europe over the next four to five years.
Previously, LUMO Labs transitioned from angel investing to managing its first fund in 2020, and later launched the LUMO Rise Fund. The company has a strong focus on early-stage startups and aims to drive significant social and environmental impact through its investments. By extending their reach to Norway and Spain, LUMO Labs continues to build on its strategy of fostering innovation across Europe.
New Strategic Appointments
Linn-Cecilie Linneman and Jorge Blasco have been appointed as partners for Norway and Spain, respectively. They will focus on investments, portfolio management, and fundraising in their regions.
“What I appreciate most about our team at LUMO is the commitment and determination to get things done, think big and have an impact,” said Linneman.
Blasco, a seasoned entrepreneur, also expressed his enthusiasm for joining LUMO Labs.
“The strategic insight and in-depth market knowledge at LUMO is invaluable and unique,” said Blasco.
LUMO Labs: Everything You Need to Know
LUMO Labs, founded in 2016 by Andy Lürling and Sven Bakkes, initially focused on angel investing before launching its first managed fund in 2020. The firm is well-regarded for its diverse and inclusive approach within the Dutch startup ecosystem. With the introduction of the LUMO Rise Fund, the company has a €100M multi-stage VC fund aimed at supporting impact-driven startups from Pre-Seed to Series A.
The LUMO Rise Fund targets scalable and financially sustainable systems related to emerging technologies such as AI, Blockchain, IoT, Digital Security, and Extended Realities (AR/VR). The fund has a primary focus on the Benelux region and Germany, with secondary attention to the Nordics, Baltics, and the Iberian Peninsula.
The addition of Linneman and Blasco to the LUMO Labs team is a strategic move to strengthen the company’s footprint in key European markets. The co-founders, Lürling and Bakkes, along with other partners, remain actively involved in guiding startups and making investment decisions. With a broad network and deep market knowledge, LUMO Labs aims to continue identifying high-potential investments that can drive meaningful impact.
The new appointments are expected to enhance the firm’s reach and effectiveness, leveraging the extensive experience and networks of the new partners. The focus remains on identifying and supporting startups that offer innovative solutions to pressing social and environmental challenges.
