What is Lusix?
Lusix operates as a technology-driven pioneer in the lab-grown diamond (LGD) market, distinguishing itself through the Sun Grown Diamonds brand. As the world's first 100% solar-powered producer, the company utilizes proprietary, custom-made reactors to grow rough diamonds in Israel. Its unique ability to produce custom-shaped and colored diamonds, such as the LUSIX Pyramid Diamonds, has positioned it as a preferred supplier for global luxury brands. The firm maintains a vertically integrated model, ensuring rigorous quality control and third-party sustainability certification, which are critical differentiators in the modern jewelry supply chain.
How much funding has Lusix raised?
Lusix has raised a total of $90M across 1 funding round:
Unspecified
$90M
Unspecified (2022): $90M with participation from Ragnar Crossover Fund and LVMH Luxury Ventures
Key Investors in Lusix
Ragnar Crossover Fund
A crossover investment firm that bridges the gap between private growth-stage companies and public market opportunities.
LVMH Luxury Ventures
The dedicated investment arm of the LVMH Group, focusing on high-potential companies within the luxury and lifestyle ecosystem.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Lusix?
With this major enterprise-level funding, Lusix is poised to accelerate its production capacity and expand its footprint in the global luxury market. The strategic focus will likely center on scaling its proprietary reactor technology to meet the rising demand for traceable, ethically sourced diamonds. As the company matures, it is expected to deepen its partnerships with high-end retailers, further cementing its role as a critical infrastructure provider for the next generation of sustainable luxury. Future growth will likely hinge on maintaining its technological edge while navigating the competitive landscape of synthetic gemstone production.
See full Lusix company page