Venture Capital
Leading Venture Capitalists Invest in Lumenari’s Vision & Differentiated Approach to Narrow-Bandwidth LED Phosphors; Funds Will Accelerate Go-To-Market Strategy LEXINGTON, Ky., October 10, 2018-- Lumenari, the leader in narrow-bandwidth LED phosphors for LCD display backlighting applications, today announces it has closed a $3 million Series A funding led by TJ Rodgers, Jeremy Blank, Revolution’s “Rise of the Rest” Seed Fund and Hanover Partners. The company will use the capital to complete an advanced lab-scale manufacturing line for its leading edge technology Emerald™, establish testing partnerships with packaged LED suppliers and pass initial qualification testing.