CleanTech startup D.light Design secures $5.5mn
US and Delhi based D.light Design, a lighting and power solutions startup has raise
d $5.5mn series A financing form Nexus India Capital, Draper Fisher Jurvetson, Garage Technology Ventures, Mahindra & Mahindra, and social funds Acumen Fund and Gray Matters Capital.
d.light design is dedicated to bringing modern lighting and power to over 1.6 billion people globally currently living without electricity. We aim to be the #1 player in off-grid lighting and power solutions worldwide. We are a high volume manufacturer customized design house.
Currently, d.light offers 2 products and will use the funding to grow its manufacturing and distribution capacity
- Nova – available in both solar and AC chargeable versions, provides up to 32 hours of bright light on a full charge at efficiencies 30-50% greater than fluorescent lights. The Nova is several times brighter than a kerosene lantern. and
- Solata – an ultra-light and high quality task lamp designed as a supplementary light source. It performs exceptionally well for tasks where light is required from specific angles.
Watch this interview with d.light ceo:
Recommended Read: Green Tech Investment in India – Is it really happening? | The Great Indian Energy Innovation!
-
Related posts:
- World Environment Day and a Look at Few CleanTech startups
- Weekly Recap – National Govt. ID Project, ecommerce design, Cleantech investment in India..and more
- NEA Closes $2.5Bn Fund – to focus on Cleantech and Healthcare
- Berkeley Energy secures EUR10million to Invest in India/Asia
- Govt. sets up Rs.10 crore funds to promote entrepreneurship in Design
About the author - Ashish Sinha is a Startup Mentor/Product Strategy Coach, and the founder/chief editor of pluGGd.in.
He has launched/managed couple of products (consumer as well as enterprise) in US and India, and now consults with startups/small businesses on their product/media strategy. He can be reached at: ashish (at) pluGGd.in [+91 98452 06443]
[...] CleanTech startup D.light Design secures $5.5mn [...]
[...] Very recently, another cleantech startup D.light Design secured $5.5mn. [...]