Lumenergi Obtains $12,700,000 Series B Financing

  • Feed Type
  • Date
    8/25/2010
  • Company Name
    Lumenergi
  • Mailing Address
    8371 Central Ave Newark, CA 94560
  • Company Description
    Lumenergi, formally Luminoptics, is bringing to the lighting and controls market the first, cost-effective, high-ROI dimming lighting ballast technology expected to spur the growth of energy-efficient, demand-responsive buildings.

    Through the company’s new dimming electronic ballasts (DEB), lighting management control system (LMCS) and passive power line technology (PPLT) communications solutions, commercial building and lighting designers can create the first practical dimming fluorescent lighting solutions for intelligent building systems for both new and retrofit installations.

  • Website
    http://www.lumenergi.com/contact.html
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,700,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The financing will facilitate the company’s expansion into large-scale commercial and industrial buildings in energy intensive regions and enable the build-out of a strong team of sales, marketing and customer service experts.
  • M&A Terms
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    Low Carbon Accelerator Ltd.
  • Venture Investor
    Noventi