Glo secures SEK 65M more from its existing investors.

Norway Sweden Investments 13 September 2017
Share on FacebookShare on Twitter

Glo, a a Lund, Sweden and Sunnyvale, USA-based company manufacturing nano technology-based LED products, closed a new round of financing totalling SEK 65M ($8.13M).

The money comes from the existing investors, including FAM, Wellington Partners and Teknoinvest, and the news comes a couple of months after the company announced raising almost $15M in outside investment from Google.

Glo was founded in 2010 at Lund University’s Nanometer Structure Consortium by Professor Lars Samuelson and manufactures advanced LED products using nanotechnology.