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Cooledge Lighting Closes $4.275 Million US Financing
Monday, October 20, 2014Company Profile | Follow Company
Vancouver, BC, October 20, 2014--(T-Net)--Cooledge Lighting has closed a new $4.725 US million financing (approximately $4.8 million CDN), with a mix of debt and equity comprising the overall financing, according to documents made available by the United States Securities and Exchange Commission.
Full details on the financing have not yet been released.
About Cooledge Lighting
Cooledge Lighting Inc. is currently backed by both venture capital and grants from the Canadian Government through the SDTC program. Focused on delivering high quality solid-state lighting solutions to the general illumination market, the company's premier product, light sheet, delivers characteristics of OLED with the stability and market readiness of LED.
Professor John Rogers of The University of Illinois, along with Paul Thurk and Clint Bybee of ARCH Venture Partners, originated the concept behind Cooledge Lighting, Inc. In early 2009 the unique technology was brought to Vancouver, BC and presented to former members of TIR Systems LED and luminaire research staff, where the decision to form a company around the core LED competency was made.
Since its inception, Cooledge has sought to recruit visionary and proven leadership at all key positions. The management team has over 90 years of combined experience in LED technology, lighting, design, manufacturing and sales. Additionally, the board of directors has extensive background and experience bringing disruptive technology and innovative startups from incubation to launch to impactful industry leading companies.
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Richmond, BC (CleanTech & Energy)
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