Nano Science and Technology Institute

Glo AB Closes $30 Million Series D Funding Round

March 24, 2014 07:20 AM EST By: Jennifer Rocha

Glo AB is a spin off company from Lund University, Sweden

Glo AB uses its nLEDTM technology to produce high-quality light source solutions for displays, illumination, and automotive applications.  To date, the company has received more than $100 Million in funding from various investors, including Wellington Partners, Nano Future Invest, and Energy Future Invest.  In the release, CEO Fariba Danesh notes, “We are aggressively growing our capabilities and strategic partnerships to provide nLED products for all applications.” The company also has R&D facilities in California.

 

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