Lumi Interactive’s A$9.76 Million Seed Funding Round

Hall & Wilcox has advised Lumi Interactive on the capital raise.

Lumi Interactive, an Australian female-founded team of game developers, announced its US$6.75 million (approximately A$9.76 million) series seed priced equity capital raise round.

The lead investor is US-based VC firm Andreesen Horowitz, with 1Up Ventures, Galileo Ventures, Heracles Capital and Emily Greer (Double Loop Games) also subscribing for shares in this round.

The funds raised in this round will go towards the development of Kinder World, which focuses on players’ mindfulness through the act of caring for virtual plants.

Lumi Interactive is developing a series of wellbeing games to promote mental health, primarily aimed at Gen Z and millennial women.

Hall & Wilcox’s Corporate & Commercial partner James Morvell (Picture) led the team, which comprised Special Counsel James Bull, Senior Associates Jasmine Koh and Nhu-Thuy Dinh and Lawyer Tamara Charlwood.

Involved fees earner: James Bull – Hall & Wilcox; Nhu-Thuy Dinh – Hall & Wilcox; Jasmine Koh – Hall & Wilcox; James Morvell – Hall & Wilcox;

Law Firms: Hall & Wilcox;

Clients: Lumi Interactive;

Sonia Carcano

Author: Sonia Carcano