Lumos Labs said it had raised more than $70m since its foundation in 2006 by neuroscientists from Stanford University.

Lumos Labs, a US-based brain-training games developer behind the Lumosity website, has raised $31.5m in its series D round from a consortium led by Discovery Communications, a US-listed media group, as a new investor.

Venture capital firms FirstMark Capital (formed out of hedge fund Pequot Capital’s ventures unit), Harrison Metal, Menlo Ventures and Norwest Venture Partners reinvested in Lumosity’s D round.

Lumosity’s brain exercises are based on neuroscience research conducted at Harvard, Stanford, UC Berkeley and other academic institutions and its membership has doubled to more then 25 million people over the past year.

Jean-Briac Perrette, chief digital officer at Discovery since October, said: "As Discovery focuses its digital strategy around strengthening its position as the number one non-fiction media company across all screens, we also see strategic growth opportunities in select investments in the next generation knowledge space."

Lumos Labs said it had raised more than $70m…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?