Amazon backs programmable optics startup Lumotive
Programmable optics startup Lumotive has added a few more strategic backers to its recent Series B round. Redmond, Washington-based Lumotive reopened its recent Series B funding round to bring in Amazon, through its Amazon Industrial Innovation Fund, and ITHCA Group, the technology investment arm of Oman’s sovereign wealth fund, as investors. These fresh funds bring the company’s Series B round to $59 million, up from the $45 million Lumotive initially closed in February. The startup has raise