US-base light-emitting diode (LED) product developer Illumitex entered into a strategic agreement with Switzerland-based agribusiness corporation Syngenta last week. Syngenta Ventures, the corporate venturing division of Syngenta, will contribute to Illumitex’s latest round of funding as part of the agreement.
The news followed a strategic alliance agreement Illumitex signed with the Australia-based Gerard Lighting Group last month, which involved Gerard investing $3m in Illumitex.
A filing with the US Securities and Exchanges Commission in June indicated that Illumitex had raised…
