Newforma Acquires Lumi AI

GeologicAI Acquires Lumo Analytics

December 17, 2025

Data & Analytics

GeologicAI, a Calgary-based provider of high-resolution decision engineering for the critical minerals sector, has acquired Lumo Analytics, a Helsinki-based maker of compact LIBS (Laser-Induced Breakdown Spectroscopy) scanners. The acquisition extends GeologicAI’s on-site sensor suite to include rapid detection of light elements and rare-earth elements, strengthening its data and analytics offering for mining customers.

1848 Ventures Acquires Luminest

May 18, 2025

Cloud & SaaS

1848 Ventures, an AI-first venture studio, has acquired Luminest, an AI-based home management startup focused on predictive maintenance and structured property data. The acquisition brings Luminest’s proprietary models and engineering talent into 1848V to accelerate its vertical SaaS initiatives addressing demand generation and job quality for specialty contractors and skilled trades.

Netigate Acquires Lumoa

March 26, 2024

Cloud & SaaS

Netigate, a European experience-management SaaS provider, has acquired Lumoa, a Helsinki-based customer experience platform that offers Generative AI capabilities. The deal combines the companies' product portfolios and customer bases (together serving over 1,500 customers) to expand Netigate's CX/EX analytics and AI capabilities while keeping data processing compliant with EU regulations.

Ethos Capital Acquires Newforma

April 3, 2023

Software

Boston-based private equity firm Ethos Capital has acquired Newforma, a Boston-headquartered provider of project information management (PIM) and BIM collaboration software for the architecture, engineering and construction (AECO) industry. The deal, in which Battery Ventures sold its stake, will support Newforma’s cloud migration and accelerated product development as the company expands its cloud-based collaboration platform.

Narvar Acquires Lumi

December 15, 2021

E-Commerce

Narvar, the post-purchase customer experience platform, acquired Lumi, a digital marketplace for packaging and print products, to expand its post-purchase offering into packaging procurement and supply-chain transparency. The deal integrates Lumi’s marketplace and data-driven packaging tools with Narvar’s post-purchase platform to help D2C brands optimize packaging, reduce costs, and improve customer experiences.

Lumine Group Acquires Neural Technologies

June 1, 2021

Telecommunications

Lumine Group, a division of Volaris Group, has completed the acquisition of Neural Technologies Ltd, a UK-based provider of revenue protection, signalling, machine learning and AI software for telecom operators. The transaction strengthens Lumine’s communications and media software portfolio by adding Neural’s revenue assurance, fraud management and ML/AI capabilities as an add-on to its existing platform.