Lumio Solar raises US$900K to bring plug-and-play solar appliances to Filipino households
For many Filipino households and small businesses, solar power still looks like something built for wealthier homeowners: panels on a roof, a sizeable upfront bill, permits, installation work, and the assumption that the customer owns the property in the first place. Lumio Solar is betting that the next wave of adoption will look far more […] The post Lumio Solar raises US$900K to bring…
Lumio Solar, a Pampanga-based startup, has secured US$900,000 in pre-seed funding to bring solar-powered appliances to Filipino households and small businesses. Lumio plans to expand its product range and service network, targeting Central Luzon, Metro Manila, and eventually, other regions in the Philippines. The company's founders believe that solar power should be accessible to ordinary households and businesses, not just wealthy homeowners.
Lumio's solar appliances, such as fans, lights, freezers, and portable power stations, require no installation and are much cheaper to operate than conventional alternatives. By un bundling solar from rooftops, Lumio aims to create a more affordable entry point for customers who cannot access rooftop solar systems.
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