Syngenta helps plant $16m in Illumitex

Aug 12, 2015 • Robert Lavine

Syngenta has been an investor in Illumitex, which produces lighting equipment to help grow plants and vegetation, since they formed a strategic partnership in 2011.

US-based lighting product maker Illumitex closed a $16m series C-1 round yesterday featuring Syngenta Ventures, the strategic investment arm of agribusiness Syngenta.

Investment firm WP Global Partners led the round and was joined by New Enterprise Associates (NEA), Morgan Creek Capital, Mousse Partners, Apex Venture Partners, DMWMDW Interests, Jimmy Treybig and Larry Abrams, all existing investors.

Founded in 2005, Illumitex manufactures LED optics systems the company claims deliver more usable light while consuming less energy. They are chiefly used in…

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