28 Jun '11, 6pm

Luxim Brings American Lighting Tech to China: The technology and the lineage of lighting company Luxim is nota...

The technology and lineage of lighting company Luxim are both notable and we'll cover them in a bit. But the real news and the inspirational takeaway from this company is that it's selling its American-designed lighting technology into China -- in high volume. An innovative greentech firm funded by VCs, generating revenue with sales from China and the U.S. It would seem to be the model for U.S. greentech leadership and economic recovery. The 50-employee company was first financed in 2004 with VC funding from Sequoia Capital and has since taken a total of about $90 million from VC investors such as Rockport, Worldview, and DAG Ventures. The company's technology is not new -- it was demonstrated by Nikolai Tesla a century ago. Luxim's tiny glass bulb is filled with argon, mercury, and metal halides. An RF frequency is applied to the bulb and its mounting puck, which excites ...

Full article: http://www.greentechmedia.com/articles/read/luxim-brings-...

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