Leumas, a digital manufacturing solution for brands, has raised Rs 7 crore in a pre-seed funding round led by Capital 2B, Anicut Capital, and Capital A. The company will use the funds for technology development, team building, and GTM rollout to facilitate brands’ transition to digital manufacturing and enhance their business outcomes.Leumas aims to reimagine the legacy factory system by leveraging advancements in emerging technologies such as industrial robotics, IIoT, and cyber-physical systems. The company plans to deploy and commercialize the Leumas Digital Factory suite while adding process-line capabilities to its nano-factories and strengthening the Leumasware™ platform. Its ultimate vision is to become the new factory order for process industries.
Nitesh Kumar, Co-Founder and CEO of Leumas, said, “We are helping brands produce flexibly and remain inventory light with our innovative Digital Factory Solution, which solves the volume, variety, and cost limitations of legacy manufacturing systems. We are excited to partner with brands on their concept to scale-up journey.”
The funds raised will also be used to build an ‘A Team’ to support the company’s growth in GTM, technology, manufacturing, and ops. Leumas plans to pilot and co-create with D2C brands as part of its GTM strategy to help them launch new product lines, scale existing product lines, and streamline product manufacturing. The funds raised will also be used to expand the company’s digital factory capacity to be utilized by partner brands.
Vibhore Sharma, Partner at Capital 2B, said, “Leumas is paving the way for on-demand, agile manufacturing that would enable agility in product development – from launch to scale up. We are very excited to be part of this endeavor.”
Leumas provides on-demand manufacturing capability through its Digital Factory technology for brands in the nutrition, cosmetics, and pharma space. Its cyber-physical platform of software-controlled robotic production lines is modular, re-configurable, and scalable, enabling unparalleled flexibility around batch size, product mix, and formats. Leumas ensures the highest standards of product quality with its patented robotic preparation, helping brands go from concept to scale in record time and at a fraction of the cost.