The Sweden-based company, which uses nanotechnology to develop next-generation lighting products, counts Agder Energi Ventures among its existing investors.
Glo, a Sweden-based LED lighting product developer backed by Norway-based energy company Agder Energi, has completed a $30m series D round that takes its total funding to $115m.
Glo said the round was led by a new investor, which it did not disclose. However, a clue to its identity could be that Kambiz Hooshmand, an advisor to private equity firm SilverLake Sumeru and a general partner at venture capital firm Archimedes Ventures, has joined Glo’s board in conjunction with the…