Arborlight, a spin-out of the University of Michigan, has secured $500,000 in seed funding as it leaves the institution’s incubator to its own space in Ann Arbor.

The lead investor in the round was the Michigan Pre-Seed Capital Fund, which was joined in participation by a number of Angel Investors.

The firm will use the funding to continue product development of its LED-based lighting, which mimics daylight. It will also be used to hire a small sales team.

Rich Sheridan,…

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