What is Light & Motion?
Founded in 1989 and headquartered in California, Light & Motion has built a reputation for producing high-performance, lightweight LED lighting systems. The company's product design and testing are conducted in-house, emphasizing integrity and robust engineering. Their offerings are known for their power and reliability, backed by a two-year warranty. Despite its long-standing commitment to quality and innovation over 35 years, the company has recently announced the cessation of its operations, citing significant challenges within the broader manufacturing industry.
How much funding has Light & Motion raised?
Light & Motion has raised a total of $830K across 2 funding rounds:
Debt
$350K
Debt
$480K
Debt (2020): $350K with participation from PPP
Debt (2021): $480K led by PPP
Key Investors in Light & Motion
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Light & Motion?
The recent strategic investment, while significant, comes at a critical juncture for Light & Motion, as the company navigates the complexities of the current manufacturing landscape. The infusion of capital was intended to bolster operations and potentially expand market reach. However, the announcement of operational closure suggests that external market pressures have outweighed the benefits of this recent financing. Future strategic directions for the company's assets or intellectual property remain to be determined.
See full Light & Motion company page
