The lighting company, which uses technology spun-off from failed Intel Capital-backed solar company SpectraWatt, raises $3m.
Pacific Light Technologies, a lighting company which reportedly uses technology spun-off from failed Intel Capital-backed solar company SpectraWatt, is set to raise a $3m round, according to Sustainable Business Oregon.
The company is on course to raise $3m, having raised a $2m A round and is set to close another $1m round by the end of July, Sustainable Business Oregon said.
The company is working from the Portland State University Business Accelerator, and the round was led by venture firms…
