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Luma AI

Consumer, Commerce & Media · Palo Alto, California · Private

Luma AI develops generative video, 3D and multimodal world-model technology for creative and physical-world applications.

~$4BReported valuation2025 Series C reporting
$900MLatest fundingSeries C, 2025
PrivatePublic statusNo listed shares

The Company

Luma started in visual capture and generative media, then broadened its ambition to multimodal models that can understand and simulate the physical world.

The company has said its Series C will support model training and deployment, including a planned compute partnership with Humain.

Why It Matters

Luma sits where video generation, 3D tools and world models meet. That puts it in direct competition for creative workloads while also creating an option on robotics and simulation.

Valuation History

  1. $250M→Jan 2024$43M Series B (valuation reported at $200–300M)Source ↗
  2. $4.0B→Nov 2025$900M Series C led by HUMAINSource ↗

What Changed

  1. Raised a $900M Series C to scale multimodal model development.

  2. Focused its investment case on world models and large-scale compute deployment.

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