Element Labs get $12 million 750 thousand venture capital

Clean energy Vc firm Expansion Partners spend $12 million 750 thousand investment in Canada ELement Labs, Element Labs is a major LED solutions provider in the entertainment, building and marking applications Capital.

Expansion Capital from the two phase of clean energy funds pumped $10 million to hold B series of preferred shares, the existing investors Sierra Ventures and lender Gold Hill are also involved in investment. Expansion Capital's main partner Bernardo Llovera will join the board of directors of Element Labs.

Element Labs will expand its sales team through the project, to expand its international market scope, enhanced lighting products series LED and its cutting-edge video applications such as creative, concerts, movies and TV products, MV lighting, decorative design and basic installation in large buildings on the permanent media wall, building and other large-scale energy saving application.

The application of LED technology in the field of electronics for more than ten years, because of its long life, high quality color rendering, color lighting, color adjustable, high efficiency and other advantages, is now rapidly entering the field of lighting applications. Element Labs through the LED distribution type, combined with the unique software package system and electronic controller precision, create complex patterns of colour and video display effects, strengthen the company's strength in the field of high impact visual effect and brand strength. The recent application of the company also further to meet the theme of energy saving, this theme is also Expansion Capital clean energy technology investment concerns. (http://www.ledsmagazine.com/news/4/12/33)