How Much Did OptoLum Raise?
Funding & Key Investors

OptoLum, a manufacturer specializing in specification-grade precision white LED lighting systems, has secured $306K in total capital. The company recently announced a $156K strategic investment, marking a significant milestone in its growth trajectory. This latest financing round underscores OptoLum's established position in the advanced lighting solutions market.

What is OptoLum?

OptoLum
ManufacturingBuilding MaterialsElectronics

OptoLum, based in Tempe, Arizona, has been dedicated to designing and manufacturing highly customizable LED lighting systems since 2001. The company's core philosophy centers on maximizing LED efficiency and lifespan through superior thermal management. All products are engineered and manufactured in the United States, emphasizing a commitment to quality and domestic production. OptoLum collaborates closely with the lighting design community to meet the unique challenges of diverse applications, ensuring client visions are realized with precision-engineered fixtures.

How much funding has OptoLum raised?

OptoLum has raised a total of $306K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$156K

Debt (2020): $150K with participation from PPP

Debt (2021): $156K led by PPP

What's next for OptoLum?

With its recent strategic investment and substantial total funding, OptoLum is poised for accelerated expansion. The company's focus on high-specification LED lighting systems, coupled with its commitment to domestic manufacturing and advanced thermal management, positions it favorably within the competitive lighting industry. This capital infusion is expected to fuel further product development, enhance manufacturing capabilities, and broaden market reach, solidifying OptoLum's role as a key player in providing tailored lighting solutions.

See full OptoLum company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingMedical Devices & EquipmentDrug Stores & PharmaciesRetail
ManufacturingMotor VehiclesRetailAutomobile Parts Stores
Building MaterialsManufacturingIndustrial Machinery & Equipment
Cosmetics, Beauty Supply & Personal Care ProductsManufacturingConsumer ServicesSpa and Salon Management

Frequently Asked Questions Regarding OptoLum Financial Insights

What are the most recent funding rounds that OptoLum has completed, and what were the funding rounds?
OptoLum has recently completed 2 funding rounds: Debt on Feb 27, 2021, Debt on Apr 27, 2020.
What is the total amount of funding OptoLum has raised to date?
OptoLum has raised a total of $306K in funding to date.
How many funding rounds has OptoLum completed?
OptoLum has completed 2 funding rounds.
How much funding did OptoLum raise in its most recent funding round?
OptoLum raised $156K in its most recent funding round.
Who are the lead investors in OptoLum's latest funding round?
The lead investor in OptoLum's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OptoLum's history?
The largest funding round in OptoLum's history was $156K.
See more information about OptoLum