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Luma AI Funding Rounds & Valuation History (2023–2025)

Private Valuation & Funding Round Tracker · Luma AI

Luma AI funding rounds & valuation history

Luma AI, the Palo Alto company behind the Dream Machine and Ray video-generation models, building multimodal “world models”. Funding from the Series A (Mar 2023) to the Series C (Nov 2025), sourced to Luma AI, CNBC, Latham & Watkins, TechCrunch, Context Ventures and Amplify Partners.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
Upwards of $4B
$900M Series C, Nov 2025
Raised in rounds listed
$963M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$900M
Series C, Nov 2025
Closed rounds listed
3
Mar 2023 to Nov 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
Luma AI funding rounds, Mar 2023 to Nov 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series CAMD Ventures and existing investors including Andreessen Horowitz, Amplify Partners and Matrix Partners participated (CNBC).
$900M
HUMAIN
Upwards of $4BReported (CNBC)
—Not disclosedNo run-rate stated in the announcement
Luma AI, 19 Nov 2025Also: CNBC, 19 Nov 2025, Latham & Watkins, 2 Apr 2026
Closed round
Series BTechCrunch cited an unnamed source putting the valuation at $200M–$300M; not company-confirmed, so not shown as a figure.
$43M
Andreessen Horowitz
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 9 Jan 2024Also: Luma AI, Jan 2024
Closed round
Series AGeneral Catalyst and NVIDIA’s venture arm joined, with Matrix Partners and South Park Commons (Context Ventures).
$20M
Amplify Partners
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Context Ventures, Mar 2023Also: Amplify Partners, 20 Mar 2023
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: fewer than two closed rounds have a disclosed valuation.

Sources: Luma AI, CNBC, Latham & Watkins, TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 20 Mar 2023 · Closed

    Series A: $20M led by Amplify Partners.

  2. 9 Jan 2024 · Closed

    Series B: $43M led by Andreessen Horowitz.

  3. 19 Nov 2025 · Closed

    Series C: $900M at Upwards of $4B led by HUMAIN.

Still private: Luma AI has not filed for an IPO and has not been acquired.

Cite this dataset

Free to quote with a link back. Copy this citation:

Luma AI Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/luma-ai/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
luma-ai-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/luma-ai-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The 2021 seed round, and compute or infrastructure commitments tied to the HUMAIN partnership (Project Halo).

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Luma AI: AGI is multimodal and reality is the dataset of AGI (Series C announcement), 19 Nov 2025
  2. CNBC: Luma AI raises $900 million in funding round led by Saudi AI firm Humain, 19 Nov 2025
  3. Latham & Watkins: Latham & Watkins Advises AMD in Luma AI's US$900 Million Series C Financing and Strategic Partnership, 2 Apr 2026
  4. TechCrunch: Luma raises $43M to build AI that crafts 3D models, 9 Jan 2024
  5. Luma AI: Announcing Genie 1.0 and Luma's Series B, Jan 2024
  6. Context Ventures: Congratulations to Luma AI for raising their $20 million Series A, Mar 2023
  7. Amplify Partners: Luma's Series A, 20 Mar 2023