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Germicidal Ultraviolet LED Start-Up Bolb Inc. raises $16 Million in Series A Round led by Fluxunit (Osram investment arm)
Bolb, Inc., the leader in high-output, high-efficiency ultraviolet c-band (UVC) light emitting diodes (LEDs), announced a Series A investment of $16 million led by global LED leader Osram Opto Semiconductors GmbH. Osram co-invests via its investment arm Fluxunit with other existing and new investors, including Southeast Asian UVC-Tech Group and Silicon Valley based venture firm Walden International. The financing will be used to fund expansion of Bolb’s manufacturing capacity, technology roadmap and global sales. Dr. Ulrich Eisele, Managing Director of Fluxunit, will join Bolb’s board of directors. “Bolb’s proprietary technology and platform have produced, by far, the world’s highest efficiency UVC LEDs,”…
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