Illumitex Inc., an Austin, TX-based manufacturer of horticultural LED fixtures, received $4m in equity funding.
The round was led by WP Global Partners with participation from New Enterprise Associates.
The company intends to use the funds to accelerate the development and deployment of its digital horticulture system.
Led by CEO Jeff Bisberg, Illumitex incorporates digital sensors into LED horticulture fixtures to create a data set that powers an open application market to enable growers to predict, diagnose, monitor and improve all aspects of operations.
FinSMEs
05/06/2017