News - Midlands
Lumejet gets Midven funding
Lumejet, a technology company based in Coventry, has become the latest recipient of investment from Midven’s Early Advantage Fund. £125,000 has been invested as part of a funding round which could total up to £500,000. Midven manages the £8m Early Advantage Fund, which is backed by Advantage West Midlands and the European Regional Development Fund. Lumejet technology allows laser-quality print to be obtained using a less sophisticated print-head control mechanism similar to inkjet printers. It is targeting the technology towards mini-photolabs, photographic printing shops, photobook producers and short-run print shops.