Lua Secures $5.8 Million in Seed Funding
Lua, a London-based company specializing in the development and deployment of enterprise-grade AI agents, has successfully raised $5.8 million in a seed funding round. The round was led by Norrsken22, with additional investments from Flourish Ventures, Twenty Two Ventures, Phosphor Capital, Y Combinator, and notable angels Henri Stern, Kaz Nejatian, and Med Benmansour.
Company Background
Founded by Lorcan Cathain and Stefan Kruger, Lua aims to simplify the creation and management of AI agents for businesses. Cathain, who serves as CEO, and Kruger, the CTO, bring extensive experience from their time working together at a fintech company in East Africa. Lua's platform allows teams to build and scale AI agents without needing in-depth technical expertise or infrastructure management.
Strategic Use of Funds
The newly secured funding will primarily be used to expand Lua's developer community and the Lua Implementation Network. This network consists of independent partners who are deploying Lua's agent workforces across various global markets. The goal is to enhance the platform and support more businesses in leveraging AI agents for improved operational efficiency.
Rapid Growth and Market Potential
Since the launch of its agent developer platform in October 2025, Lua has experienced significant growth, with revenues increasing nearly 30% week-on-week. February 2026 saw a record number of agents being built on the platform, surpassing the cumulative total from previous months. This rapid adoption highlights the growing demand for AI-driven solutions in the workplace.
Leadership and Vision
Lua's leadership team is focused on creating an accessible and versatile platform for businesses looking to integrate AI into their operations. CEO Lorcan Cathain stated, "We are excited to continue building our community and supporting companies worldwide in deploying AI agents that enhance productivity and collaboration."
With the backing of prominent investors and a clear vision for expansion, Lua is well-positioned to advance its mission of enabling seamless human and AI agent collaboration in the enterprise space.