What is Light Labs?
Light Labs, formerly LightCorp, specializes in the contract manufacturing of office and workspace lighting, power units, and functional accessories. Founded in 1986, this family-owned business has built a reputation for developing thoughtfully designed and sustainably engineered products. Their offerings, including desk lighting and under-shelf lighting, are crafted to enhance productivity and organization in modern work environments. Light Labs primarily serves leading office furniture makers, focusing on partnerships that prioritize quality and innovation in workspace solutions.
How much funding has Light Labs raised?
Light Labs has raised a total of $200.4M across 5 funding rounds:
Unspecified
$14.7M
Series A
$9.7M
Series B
$25M
Series C
$30M
Series D
$121M
Unspecified (2009): $14.7M with participation from EnTrust Capital
Series A (2014): $9.7M led by Charles River and Bessemer Venture Partners
Series B (2015): $25M supported by Charles River, FIH Mobile Limited, StepStone Group LP, Formation8, and Bessemer Venture Partners
Series C (2016): $30M featuring Google Ventures, Charles River, Eclipse, Foxconn International Holdings, Bessemer Venture Partners, and The Stepstone Group
Series D (2018): $121M, investors not publicly disclosed
Key Investors in Light Labs
EnTrust Capital
EnTrust Capital is a firm that appears to be strategically reserving its domain, indicating a potential focus on specific, high-value opportunities. Their openness to qualified inquiries suggests a deliberate approach to investment, possibly targeting companies with strong market potential or unique technological advantages.
Charles River
Charles River is a prominent entity focused on accelerating the development of drugs, chemicals, and medical devices. Their involvement suggests an interest in companies that leverage advanced manufacturing or technology, potentially aligning with Light Labs' production capabilities.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a broad investment thesis. Their participation indicates a belief in Light Labs' growth potential and market strategy, likely supporting scaling and expansion initiatives.
What's next for Light Labs?
With the recent infusion of capital, Light Labs is poised for accelerated growth and innovation. The major strategic investment suggests a focus on scaling operations, expanding market reach, and potentially developing new product lines or enhancing existing ones to meet evolving demands in the office and workspace sector. The company's long-standing commitment to quality and sustainability, combined with its established relationships with major furniture manufacturers, positions it well for continued success and market leadership in the competitive lighting and power solutions industry.
See full Light Labs company page
