Montréal's Lumenpulse Secures $5M in Funding
Lumenpulse Inc., a Montréal-based manufacturer of high-performance, architectural LED-based lighting solutions for commercial, institutional and urban environments, has secured new financing totaling $5 million. The company's backers are Canadian venture capital firms the Fonds de solidarité des travailleurs du Québec (FTQ) and Investissements W2, which invested C$3.3 million and $1.7 million, respectively. In 2011, Lumenpulse raised C$16 million in equity and debt, which included a term loan and working capital line of credit from Silicon Valley Bank.
20 February 2013•3 mins read
