LumiGrow completes $5.1 million bridge financing
With the successful closing, LumiGrow will continue to focus on providing LED lighting hardware and software solutions to commercial horticulture and research institutions, utilizing data gathered through its smartPAR software application and recently introduced smartPAR Light Sensor Module. The timing and size of the financing allows LumiGrow to accelerate the development of its next generation products.
Kelly Barlow, a Partner at ValueAct Capital, has been appointed to LumiGrow’s Board of Directors, which includes LumiGrow’s CEO, Shami Patel, Partners of Ecosystem Integrity Fund, Devin Whatley and James Everett, and agricultural industry leader, Minos Athanassiadis.
The registered principals of Keene Advisors and representatives of Squire Patton Boggs advised LumiGrow in connection with the bridge financing.
For more information:
LumiGrow
800-514-0487
info@lumigrow.com
www.lumigrow.com