The Hague-based Scenexus raises €1.6M from LUMO Labs

Scenexus is new spin-off from TNO

Scenexus is new spin-off from TNO Dutch research and innovation organisation TNO has launched a spin-off which uses digital twins to improve urban planning, including transportation.New firm Scenexus is supported by an investment of €1.6 million from venture capitalist Lumo Labs.Its software platform enables municipalities "to assess the impact of urban change up to 1,000 times faster".The Software as a Service solution creates digital twins of …

The Hague-based Scenexus raises €1.6M from LUMO Labs

Dutch independent research organisation TNO has announced the launch of Scenexus, a startup focused on enterprise software for urban planning. The Hague-based startup has also raised €1.6M in funding from Eindhoven-based VC fund LUMO Labs to support the rollout of its software platform. Sven Bakkes, Founding Partner LUMO Labs, says, “Scenexus is the inaugural investment from our newly established LUMO Rise Fund. We are very happy to be joining f…