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Developer of nanowire light-emitting diodes (nLED)

Founded in 2005
Founded in

Company type Private Public ()
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Industry Group agriculture & food

Sector indoor farming

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Sweden Lund, Sweden
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Date Partner Type
GTK Partners GTK Partners
GTK Partners serves as glo's strategic advisor.
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Confirmed by GTK Partners
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IPO INFORMATION

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Description

Date Investors Type Amount
09/13/2017 Wellington Partners Venture Capital Wellington Partners Venture Capital , Teknoinvest AS Teknoinvest AS , Wallenbergsphere Wallenbergsphere (3)
Post-money valuation of
SKR 65 million in original currency.
Growth Equity $8,165,467
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Products
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Product image Name Product status Revenue model Cost metrics

Nanowire LED

Fabricated columnar structures that act as an individual light-emitting diode

$/kW (current)
$/kW (projected)
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$/kWh (projected)
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