Ludex Raised Capital, Lumiant Got $3.5M, and More Chicago Tech News

Catch up on the latest developments from the Windy City tech sector.

Written by Ashley Bowden
Published on Apr. 04, 2023
Ludex Raised Capital, Lumiant Got $3.5M, and More Chicago Tech News
A photo of the interior Ludex office
Photo: Ludex

Last week, the Chicago tech scene saw a handful of new developments. Companies in the Midwestern metropolis pulled in fresh capital to build out their mobile apps, cloud-based solutions and more. This is the Built In Chicago Weekly Refresh.  

Lumiant pulled in $3.5M. The company developed a digital solution that lets individuals and families converse with advisors about their lives, values and finances. Lumiant secured a round of seed funding from Invest Blue and Savant Wealth Management to fuel growth across the U.S., as well as enhance its platform and mobile offering. [Business Wire]

Chicago Tech Quote of the Week

“We were fortunate enough to raise capital via grassroots fundraising, with over 100 friends and family who all believed in our vision and mission to change the way people collect cards and monetize their collections. We have raised over $8 million and plan to continue to build out our features, product lines and collaborate with our strategic partners to enhance the collector’s experience.”— Brian Ludden, Ludex co-founder

Ludex secured fresh capital. Outfitted with more than $8 million in funding to date, Ludex operates a mobile platform for trading collectible cards. The platform uses artificial intelligence to digitize and price trading cards. Its latest round of funding will help Ludex expand its platform features and expand into new categories of trading cards as well as other collectible verticals. [Built In Chicago]

Chicago companies were featured in the Built In Future 5 series. Every quarter, Built In highlights up-and-coming innovators in tech. This quarter we featured Beacon, Dibz, Wavlake and others. Beacon works to keep people healthy from afar, e-commerce company Dibz helps businesses sell their extra products and blockchain company Wavlake wants to modernize music streaming. [Built In Chicago]

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