L.E.S.S. signs multi-million deal
20.01.2018
The lighting startup and 2012 Venture Kick winner closed a multi-million deal with a renowned international technology group. This new milestone will enable L.E.S.S. to become an important lighting supplier.
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2018 is off to a flying start for L.E.S.S. (Light Efficient Systems). With this new contract, the company will be able to showcase its nano-active optical fiber technology. It also strengthen the long-term existing relationship between L.E.S.S. and the international group. This new milestone in the startup’s development consolidates its products in the precision lighting market.
Founded at EPFL in 2012, L.E.S.S. developed a novel lighting technology which is far superior in many respects to the LED lights that have supplanted conventional light bulbs on the market. The alternative technology is based on a single nano-active optical fiber. This nanofiber is comparable to neon tube lighting – except that it is thinner than a human hair and provides brighter, more uniform light. In 2012, L.E.S.S gained the support of Venture Kick, when the startup won 130,000 CHF in the final stage. Later on in 2017, L.E.S.S. had a major breakthrough into the automotive industry when for the first time its technology was integrated on a car. A concept car from a larger German manufacturer was unveiled at the Geneva International Motor Show. The company now plans to have 30 more employees by the end of this year and 400 by 2022. Read more about this new milestone here.
Founded at EPFL in 2012, L.E.S.S. developed a novel lighting technology which is far superior in many respects to the LED lights that have supplanted conventional light bulbs on the market. The alternative technology is based on a single nano-active optical fiber. This nanofiber is comparable to neon tube lighting – except that it is thinner than a human hair and provides brighter, more uniform light. In 2012, L.E.S.S gained the support of Venture Kick, when the startup won 130,000 CHF in the final stage. Later on in 2017, L.E.S.S. had a major breakthrough into the automotive industry when for the first time its technology was integrated on a car. A concept car from a larger German manufacturer was unveiled at the Geneva International Motor Show. The company now plans to have 30 more employees by the end of this year and 400 by 2022. Read more about this new milestone here.