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Grow Light Maker Startup Illumitex Raises $16 Million in Funding Round

Illumitex Inc. of Austin, Texas, a producer of advanced LED-based grow lights, announced it has concluded its C1 round of funding. The company says that the funding round led by ed by outside investor WP Global Partners strengthens the company’s cash position by $16M. Existing investors NEA, Mousse Partners, Morgan …

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LSI Industries Inc. Gets Lighting Control Capability with Acquisition of AdL Technology and Related Companies

LSI Industries Inc. of Cincinnati, Ohio USA, reports that it has completed the acquisition of AdL Technology and related companies. AdL Technology AdL Engineering and Kelmilfeen are privately owned and based in Columbus, Ohio. LSI Industries produces LED lighting, LED scoreboards, LED billboards, and custom stage displays. AdL Technology reportedly …

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