FundedIQ
Biotechnology

Luminate Medical: Funding, Investors & Team (Sep 2026)

Luminate Medical develops a medical device designed to prevent hair loss during chemotherapy. Luminate Medical recognises that hair is an essential element of personality and self-esteem, and is dedicated to using the latest advances in medical technology to protect this.

www.luminatemed.com LinkedIn Galway, Ireland 11-50 employees
Biotechnology Health Care Medical Medical Device
Total raised
$54.2M
Rounds
5
Latest
Series A
Jan 2026

Luminate Medical has raised $54.2M across 5 funding rounds on record, the most recent a Series A of $21.0M announced in Jan 2026.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Luminate Medical Company Profile and Key Stats

Total funding raised
$54.2M
across 5 rounds on record
Funding rounds on record
5
1 with no disclosed amount
Latest funding round
Series A
$21.0M in Jan 2026
Employees
11-50
reported band
Headquarters
Galway, Ireland

Latest funding round on record: Jan 2026.

Luminate Medical Funding Rounds

Date
Round
Amount
Series A
$21.0M
Undisclosed round
$17.0M
Series A
$2.5M
Undisclosed round
$13.7M
Undisclosed round
Undisclosed

1 of 5 rounds was announced without a disclosed amount and is excluded from the total.

Luminate Medical announced an undisclosed round in Jun 2023; the amount was not disclosed.

11 months later, an undisclosed round of $13.7M was announced in May 2024.

7 months later, a Series A of $2.5M was announced in Dec 2024.

11 months later, an undisclosed round of $17.0M was announced in Nov 2025.

2 months later, a Series A of $21.0M was announced in Jan 2026.

Luminate Medical Founders and Leadership Team

Name
Role
Contact
Aaron Hannon
Founder
Locked
Barbara Oliveira
Founder

Contact details for the Luminate Medical team: 1 of 2 have an email address on file.

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Luminate Medical Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
428
$4.5M
8,352
$15M

Luminate Medical's latest round of $21.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Luminate Medical Funding FAQs

What does Luminate Medical do?

Luminate Medical develops a medical device designed to prevent hair loss during chemotherapy. Luminate Medical recognises that hair is an essential element of personality and self-esteem, and is dedicated to using the latest advances in medical technology to protect this.

How much funding has Luminate Medical raised?

Luminate Medical has raised $54.2M across 5 rounds on record. The most recent is a Series A of $21.0M announced in Jan 2026.

When did Luminate Medical last raise funding?

Luminate Medical's most recent funding round on record is a Series A of $21.0M, announced in Jan 2026.

Who founded Luminate Medical?

FundedIQ lists Aaron Hannon (Founder), Barbara Oliveira (Founder) at Luminate Medical.

Where is Luminate Medical headquartered?

Luminate Medical is based in Galway, Ireland.

How many employees does Luminate Medical have?

Luminate Medical is in the 11-50 employee band.

How does Luminate Medical's funding compare to other Biotechnology startups?

Luminate Medical's latest round of $21.0M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Luminate Medical Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Luminate Medical is left off this page rather than filled in.

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