Top Smart LED Lights startups
There are 1,784 Smart LED Lights startups which include Nanoleaf, Lifi Labs, Yeelight, Corvi, Osram. Out of these, 207 startups are funded, with 110 having secured Series A+ funding. China has the most number of companies in Smart LED Lights (499), followed by United States
(458), and then India (127).
Over the past 10 years, an average of 41 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard University, Stanford University and University of California (Berkeley).
Here is the list of top Smart LED Lights Startups
1. Nanoleaf
Energy efficient lightbulbs. It offers smart light bulbs that can be adjusted by a standard power switch without the need to connect to Wi-Fi or a smartphone. The bulb uses LEDs which helps improve brightness while reducing power draw and wasted heat output.
Key facts about Nanoleaf
- Founded Year: 2012
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $2.9M
- Investors: MaRS Discovery District, Horizons Ventures and 3 Others
- Latest Funding Round: Series A, Mar 08, 2016, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 14 of 5,859 Competitors
2. Lifi Labs
Provider of building energy management solutions. It develops a smart bulb, which is a wifi-enabled, energy-efficient, multi-colored bulb that users can control with their smartphone. Enables managing facility energy consumption. The company has also launched connected LED strips.
Key facts about Lifi Labs
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $14.1M
- Investors: AngelCube, SV Angel and 7 Others
- Latest Funding Round: Series A, Aug 27, 2014, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 22 of 5,859 Competitors
3. Yeelight
Provider of app-based internet-connected smart bulbs. The lamp is a zero-configuration, plug-and-play, color LED energy-saving light bulb that connects to the wireless Wi-Fi network control and works on multi-platform smartphone applications, and can be controlled remotely as well. Its app is available for Android devices.
Key facts about Yeelight
- Founded Year: 2012
- Location: Qingdao (China)
- Stage: Series E
- Total Funding till date: $47.1M
- Investors: China Everbright, Cathay Capital and 13 Others
- Latest Funding Round: Series E, Dec 29, 2021, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 25 of 6,217 Competitors
4. Corvi
Provider of high-efficiency LED lighting solutions with a focus on innovative design and manufacturing processes. They provide products like tube lights,down lights,flat lights,surface lights,spot lights. They uses 3d printing technology and digital simulations to develop new products.
Key facts about Corvi
- Founded Year: 2012
- Location: Mumbai (India)
- Stage: Series B
- Total Funding till date: $18.7M
- Investors: Enam Holdings, Hero Enterprise and 6 Others
- Latest Funding Round: Series B, Jun 21, 2024, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 2 of 970 Competitors
5. Osram
Manufacturer of light and sensor solutions for automotive, industrial, and medical. The company provides semiconductor-based light emitters, sensors, CMOS ICs, and software. It offers traditional lighting technologies for automotive and special applications. The company focuses on digitalization, smart living, energy efficiency, and sustainability.
