Bridgelux Inc., a Livermore, California-based developer and manufacturer of LED lighting technologies and solutions, is to receive a $25m investment from Kaistar Lighting (Xiamen) Co., Ltd.
The company intends to use the funding to further accelerate research, development, and production of LED chip and packaging technology for general illumination applications.
Led by CEO Bill Watkins, Bridgelux is a pioneer in solid-state lighting (SSL). Its patented light source technology replaces traditional technologies (such as incandescent, halogen, fluorescent and high intensity discharge lighting) with integrated, solid-state lighting solutions designed to enable lamp and luminaire manufacturers to provide high performance and energy-efficient white light for the interior and exterior lighting markets, including street lights, commercial lighting and consumer applications.
FinSMEs
13/02/2012