SunSun Lighting Receives $30M in Series B Financing
SunSun Lighting, a Jiangsu Province, China-based provider of high-performance, energy efficient and low-cost LED (light emitting diode) lighting solutions, has received $30m in Series B financing.
In conjunction with the funding, Allan Kwan, a China-based advisor for Oak, is joining the board of SunSun.
The company intends to use the funding to expand its manufacturing capacity, sales and marketing efforts, and research and development,
Founded in 2010 by CEO Jianning Sun, SunSun Lighting is a manufacturer of LED lighting products, including power electronics, housing, packaging, and optics.
The company is debuting its latest product, the MR16 LED bulb which is universally compatible with AC/DC 12V and all transformers.